Growth Accounting Limited, Hastings. As the world’s leading form of social media, Facebook can present a unique opportunity to reach a large and global audience. 34 likes. Growth Accounting: A method whereby a set of economic techniques or theories are used to determine what specific factor, or factors, contributed to an economy's growth. By paying attention to these do’s and don’ts, firms can get the most out of this platform. Successful businesses don't just happen, you make them happen Facebook; Twitter; Linked In; Reddit; Wechat; Abstract. This article opens the black box of total factor productivity by decomposing this “all‐in‐one” index into various input‐embedded and input‐free productivities in a new growth accounting framework.
Ultimately, Facebook can have a significant impact on accounting firms that want to increase client outreach and engagement.