Definition of Multi-Factor Productivity: Multi-factor productivity is the Same as total factor productivity, a certain type of Solow residual.

MFP = d(ln f)/dt = d(ln Y)/dt - s_Ld(ln L)/dt - s_Kd(ln K)/dt

where f is the global production function; Y is output; t is time;
s_L is the share of input costs attributable to labor expenses;
s_K is the share of input costs attributable to capital expenses;
L is a dollar quantity of labor;
K is a dollar quantity of capital. (Econterms)

Terms related to Multi-Factor Productivity:

• Total factor productivity
• Solow residual