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Topic: Productivity



  
 Productivity (economics) - Wikipedia, the free encyclopedia
Unlike labor productivity, the calculation of both capital productivity and total factor productivity is dependent on a number of doubtful assumptions and is subject to the Cambridge critique.
Even measures of land and labor productivity should be used only when conscious of the role of the heterogeneity of these inputs to the production process.
All else constant, it benefits a business to improve productivity, which over time lowers cost and (hopefully) improves ability to compete and make profit.
http://en.wikipedia.org/wiki/Productivity_(economics)   (1038 words)

  
 Productivity: a key concept in Economics
If production costs do not overshoot that productivity increase, unit cost of production will be lower, opening the possibility of price fall or stability.
In a broader perspective, an increase of productivity is due to a squeeze in waste of resources, to narrower limits of irrational processes of production and governance, to an effective link between market and social needs.
Economic productivity usually shows a pro-cyclical behaviour, while at the same time it is necessary to distinguish smaller sub-phases and wider multiplicity of paths than in the case of other variables.
http://www.economicswebinstitute.org/glossary/prdctvt.htm   (939 words)

  
 Productivity, by Sylvia Nasar: The Concise Encyclopedia of Economics: Library of Economics and Liberty
From 1959 to 1973, productivity grew by 2.8 percent a year while capital per worker in the private sector grew by 2.4 percent a year.
On the other hand, economists generally agree that most of the slowdown in productivity growth reflected factors other than investment, namely, a slowdown in total factor productivity.
After all, British productivity from 1880 to 1990 grew just 1 percentage point more slowly than that of its trading partners—hardly a huge shortfall, but enough to transform the once proud empire into a second-rate economy in little more than a lifetime.
http://www.econlib.org/library/Enc/Productivity.html   (2024 words)

  
 The Neoclassical Theory of Distribution
So, in sum, the marginal productivity theorem of distribution says that if all factors are paid their marginal products, then the sum of factor incomes will add up to total product.
As such, loose critics have gone on to "prove" that the marginal productivity theory is contradictory because it claims that factor prices are determined by marginal products and yet the theory of production tells us quite the opposite, namely that the amount of factors employed (and thus their marginal products) depend on factor prices.
The curves AP and MP are the "economically-relevant" portions of the average product and marginal product of labor curves (i.e.
http://cepa.newschool.edu/het/essays/margrev/distrib.htm   (9860 words)

  
 TCS Daily - How Powerful Is Productivity?
If they had productivity four times as high, they basically could make money even though they paid taxes and their competitors didn't because the taxes themselves were so low.
And so the story in retailing is how many of these high productivity formats are part of the mix of stores in retailing and how much of retailing is still like it was in 1950.
Productivity of a country in total -- the average productivity -- is the average productivity of every single worker.
http://www.tcsdaily.com/article.aspx?id=061705A   (6803 words)

  
 Economics Unbound - BusinessWeek Online
Productivity growth in the nonfarm business sector has averaged 2.9% annually since 1995, compared to roughly 1.6% over the previous ten years.
If productivity and output has gone up so much more than expected in the U.S., we'd expect the U.S. to be more competitive on global markets, not less.
Obviously—apply the business knowhow which made Wal-mart such a powerful and productive competitor in the U.S. This business know-how, altough intangible, is very real and very potent.
http://www.businessweek.com/the_thread/economicsunbound   (3631 words)

  
 Brad DeLong's Semi-Daily Journal: Good Productivity News...
Productivity is up because of the increase in the cost of the underlying good or service is undercounted.
If we measured the increase productivity of management and capital we would be getting somewhere.
I'm beginning to believe productivity is a fudge factor they plug in at the end to try to make their sums work out.
http://delong.typepad.com/sdj/2005/11/good_productivi.html   (716 words)

  
 Computers don't aid productivity.
It is often hard to see where the nation gets productivity improvements out of the billions of dollars spent annually on upgrading the telephone network, and we certainly seem likely to get little from the $8 billion spent on coaxial cable.
We all feel that computers and communications systems *must* be increasing productivity in some way; their proposition seems to fly in the face of common sense.
Even closer to the economic model, personal productivity is not always related to company productivity, and neither of these directly relate to national productivity.
http://www.abc.net.au/http/sfist/econ.htm   (1465 words)

  
 EconLog, European Productivity, Arnold Kling: Library of Economics and Liberty
The ability of these countries to surpass U.S. productivity in 2002 suggests that their comprehensive welfare and collective-bargaining systems have not stymied income growth or improvements in economic efficiency relative to the more free-market-oriented U.S. Actually, it suggests no such thing.
Of course, from the employee's POV, the most important issue between economic depressions is getting the seemingly recalcitrant employer to, "Show me the money." when he is far more productive than "the coin", and the executives are raking in huge cash and option while seeming to fail to "materialize the coin", themselves.
In economics according to Jerry Maguire & Rod Tidwell, this is known as the need for the marginal employee to "materialize the coin".
http://econlog.econlib.org/archives/2004/08/european_produc.html   (2165 words)

  
 BW Online May 24, 2004 U.S. Factories: Falling Behind
In a world where productivity and investment are key, many of the country's oldest factories just can't measure up.
The sector's share of gross domestic product slipped to 13.9% in 2002, from 16.6% in 1997 and 18.7% in 1987.
The labor cost of a unit of factory output fell at a 0.4% annual rate from 1997 to 2002 (the most recent year for comparative data).
http://www.businessweek.com/magazine/content/04_21/b3884128_mz057.htm   (1845 words)

  
 Steady-State Economics, by Herman Daly
As the flow of resource throughput is increased with a given fund of labor and capital, the productivity of the resource flow must, by the law of diminishing returns, decrease.
Since the incomes of capital and labor are tied to their respective productivities, it becomes necessary to increase these productivities.
The annual production flow is the cost of maintaining the stock, and though necessary, should be minimized for any given stock level.
http://dieoff.org/page88.htm   (9632 words)

  
 Economic Growth and Productivity:Department
OECD governments have been more effective at bringing in reforms to raise labour productivity than at helping increase the number of people in work, according to a progress report on action taken over the past year to enhance economic growth in each of the 30 member countries.
Regulation and economic performance: product market reforms and productivity in the OECD
This is the first comprehensive guide to the various productivity measures and addresses statisticians, researchers and analysts who are involved in constructing industry-level productivity indicators.
http://www.oecd.org/department/0,2688,en_2649_34325_1_1_1_1_1,00.html   (1068 words)

  
 University of Chicago: Department of Economics
Recent Research: Market structure effects on productivity, prices, and firm survival; vertical integration, productivity, and market power; incumbent airlines' reactions to entry threats; competition in the mutual fund industry; incentives in residential real estate markets; economic density and efficiency.
Recent Research: Long term factors in American economic growth with special emphasis on the use of intergenerational data sets to establish the relationship between the past and current behavior of households; economics of mortality in North America; long-term changes in nutrition, labor welfare, and labor productivity; economics and biodemography of aging; economic growth in China.
Recent Research: Resources and environment; urban economics and regional economics; agriculture and development; monetary economics; tax and tax policy; finance.
http://economics.uchicago.edu/faculty.shtml   (1487 words)

  
 Productivity Commission - Home Page
We conduct public inquiries and research into a broad range of economic and social issues affecting the welfare of Australians, including: competition policy, productivity, the environment, economic infrastructure, labour markets, trade and assistance, structural adjustment and microeconomic reform.
Welcome to the Productivity Commission, the Australian Government's principal review and advisory body on microeconomic policy and regulation.
The Australian Bureau of Statistics and the Productivity Commission held a one-day conference, Productivity Perspectives 2006, in Canberra on 23 March 2006.
http://www.pc.gov.au   (216 words)

  
 ArgMax Economics Weblog: Productivity
The productivity data for the US can be found at the Quarterly Labor Productivity Home Page from the Department of Labor.
When all is said and done, productivity growth is perhaps the most important gauge of the performance of the economy.
As you can see, productivity growth was strong just after WWII and remained relatively strong until the early 70's when it began to dip.
http://www.argmax.com/mt_blog/archive/000227.php   (477 words)

  
 Productivity Program
encourages economists to study issues relating to the productivity of U.S. firms, including the determinants of investment, R&D, labor relations and entrepreneurship.
M. Baily and E. Zitzewitz, "Service Sector Productivity Comparisons: Lessons for Measurement," in New Developments in Productivity Analysis, Studies in Income and Wealth, vol.
W. Lehr and F. Lichtenberg, "Computer Use and Productivity Growth in US Federal Government Agencies, 1987-92," Journal of Industrial Economics, 46 (2) (June 1998).
http://www.nber.org/programs/p/p.html   (3674 words)

  
 Chance News 13.06
This article compares two methods to measure productivity: labour productivity, output per man-hour in the non-farm business sector, and
One virtue of multi-factor productivity over labour productivity is that comparisons between countries may be less distorted by national differences in the way real output is measured.
Productivity growth is probably the single most important indicator of an economy's health.
http://www.dartmouth.edu/~chance/chance_news/current_news/current.html   (7578 words)

  
 Statistical Resources on the Web/Economics
production) for the industry and product with annual totals in dollars and a percentage change for each year
Bureau of Economic Analysis (national income, balance of payments, foreign investment, state and local income, selected tables from the Survey of Current Business)
Summary data on national income and product accounts (GDP) and balance of payments (trade)
http://www.lib.umich.edu/govdocs/stecon.html   (2538 words)

  
 Infoplease Search: tooth whitening product
(Encyclopedia) productivity, in economics, the output of any aspect of production per unit of input.
(Encyclopedia) production, in economics, all those activities that have to do with the creation of commodities, by...
(Encyclopedia) gross national product (GNP), in economics, a quantitative measure of a nation's total economic...
http://www.infoplease.com/search.php3?query=tooth%20whitening%20product&in=all   (122 words)

  
 AllRefer.com - productivity (Economics: Terms And Concepts) - Encyclopedia
A high national productivity typically indicates efficient production of goods and services and a competitive economy, but productivity growth can occur during periods of recession and increased unemployment as businesses cut jobs and seek to become more efficient.
productivity, in economics, the output of any aspect of production per unit of input.
Productivity in the United States rose an average of 2.5% each year in the 1950s and 60s, then only 1% per year during the 1970s and 80s.
http://reference.allrefer.com/encyclopedia/P/productiv.html   (272 words)

  
 NCPA Economics Issues - Wages And Productivity
Source: Bill Montague, "Sluggish Productivity Gains Hold Wages Down," USA Today, February 15, 1996.
Most economists believe that wages tend to rise in line with productivity.
Until recently, it looked like the rate of productivity growth had increased during the 1990s-- while wages were languishing.
http://www.ncpa.org/pd/economy/ecoa6b.html   (211 words)

  
 Productivity - Wikipedia, the free encyclopedia
Productivity (corporate finance), the current year's sales to expense ratio over the previous year's sales to expense ratio.
Productivity (linguistics), the degree to which a grammatical process can be extended to new cases.
Productivity (economics), the amount of output created produced per unit input used.
http://en.wikipedia.org/wiki/Productivity   (126 words)

  
 Bureau of Labor Statistics Home Page
Productivity and Costs • Multifactor Productivity • International Comparisons
Industries at a Glance • Employment, Hours, and Earnings • Occupations • Injuries, Illnesses, and Fatalities • Producer Price Indexes • Employment Costs • Productivity • NAICS
FEDSTATS • Census Bureau • Bureau of Economic Analysis • More »
http://stats.bls.gov   (463 words)

  
 Working Paper - Measuring productivity of research in economics (by Kocher, Martin G.; Luptacik, Mikulas; Sutter, Matthias)
Measuring productivity of research in economics : a cross-country study using DEA
Working Paper - Measuring productivity of research in economics (by Kocher, Martin G.; Luptacik, Mikulas; Sutter, Matthias)
Inputs are measured by R&D expenditures, number of universities with economics departments and (as uncontrolled variable) total population.
http://epub.wu-wien.ac.at/dyn/dl/wp/epub-wu-01_14c   (249 words)

  
 The barrier model of productivity growth: South Africa
The productivity growth in the manufacturing sector panel for 1970-2003 covers a period of political and economic turbulence and international sanctions.
"Trade and Productivity," Economics Working Papers 580, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2002.
The barrier model of productivity growth suggests that individual country productivity is related to the world technology frontier disturbed by national barriers.
http://ideas.repec.org/p/ssb/dispap/425.html   (1312 words)

  
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Go to Microsoft Product Support Services and perform a title search for the words HTTP and 404.
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http://www.absoluteastronomy.com/encyclopedia/p/pr/productivity_(economics).htm   (121 words)

  
 SSRN-Ranking Economics Departments Using Teaching-Focused Research Productivity by Melody Lo, Franklin Mixon, Man Chiu Wong
This note constructs a new ranking of economics departments that employs a measure of teaching-focused research productivity, an area of growing importance in recent years.
University of Southern Mississippi - Economics, Finance, & International Business
The ranking methodology presented here aggregates and orders citations to an institution's research output that is published in the Journal of Economic Education, the leading journal in economic education.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=786244   (305 words)

  
 Glossary: Production / Productivity (in economics)
productivity is used to measure the efficiency or rate of production.
productivity is a measure of the efficiency with which a biological system converts energy into growth.
Production is the process of creating, growing, manufacturing, or improving goods and services.
http://www.greenfacts.org/glossary/pqrs/production-productivity.htm   (79 words)

  
 The economics of soil productivity in sub-Saharan Africa
Regardless of farm level financial analyses, measures to address soil productivity problems can have economic benefits at the national level and even beyond, at the global level.
After examining the status of soil productivity and the contribution of conventional economic analyses approaches to address key issues, it considers more innovative approaches that enable economics to play a greater role in the planning and evaluation of soil productivity enhancing measures at farm, national and global level.
Moreover, economics can assist with the development of sustainability indicators at the farm, village and national levels and it has an important contribution to make through green accounting.
http://www.eldis.org/static/DOC8832.htm   (287 words)

  
 Re: Economics in the Arts: Productivity
Jim Blair Productivity
Investments > Investing Science > Re: Economics i...
http://www.talkaboutinvestments.com/group/sci.econ/messages/179606.html   (166 words)

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