Survey Of Productivity Measurement Techniques And Application To Five Major Natural Resources Industries In Jordan

Abstract

The productivity of five major Jordanian industries contributing 60 in the industrial sector production was studied 1; I wish to thank the two anonymous reviewers for their helpful comments with respect to a number of issues raised in this article and analyzed. The Multi-Factor Productivity Measurement Model (MFPMM) was applied to study the relationship between productivity, price recovery and profitability. The study revealed that the subject companies have increased their profits through price recovery and not productivity. Fluctuations in partial and total productivities for each company was also analyzed during the period of study (1986 - 1988)