ROCKET READER The primary components that help determine labor productivity had already been identified. Capital deepening, labor quality, and total factor productivity are the elements […]
Continue readingTag: factor productivity
Economics And Productivity
ROCKET READER As defined, physical productivity is the quantity of output produced by one unit of production input in a unit of time. In laymans […]
Continue readingLabor Vis–Vis Multi-Factor Productivity
ROCKET READER For a long time, when there is talk of productivity it always means labor productivity. This is the measure of the output that […]
Continue readingProductivity Measurement A Short History
ROCKET READER The year 1970 saw the publication of two books, Kuznets Economic Growth of Nations and Solows Economic Growth in 1971. Unwittingly, it marked […]
Continue reading