potentially together with labor organizations, that allows people and machines to work side by side and workers and companies to prosper together. Economists can play a key part by developing new and improved ways to measure productivity and by developing models that can assess the impact of techno...
How do economists measure consumption? What two things does GDP measure? Economic growth causes the PPF to do what? Identify a fiscal policy designed to stimulate economic growth What is the multiplier effect in macroeconomics? In order to study how the world population changes over time it is ...
economists call total factor productivity--the part hat accounts for the contributions of innovation and technology.In a time of facebook smartphones,self-driving cars,and computers that can beat a person at just about any board game,how can the key economic measure of technol...
Nor is there an obvious recipe for runaway growth. To boost prosperity, economists typically prescribe liberalising reforms of the sort that have been advanced by the IMF and the World Bank since the 1980s under the label of the “Washington Consensus”. Among the most widely adopted are sobe...
you’ve got 10 percent of your time to do something you’d rather do. When it comes to economics, if there’s a single measure we should care about it’s productivity of workers. I give a lot of credit to our listeners that they think like economists when it comes to productivity. ...
2015. The strength of strong ties: how co-authorship affect productivity of academic economists? Scientometrics, 102(1): 673.Cainelli, G.; Maggioni, M. A.; Uberti, T. E.; de Felice, A. The strength of strong ties: How co-authorship affect productivity of aca- demic economists?
[translate] aThe two economists published another study in nineteen eighty-two. They developed ways to explain business cycles, times of increase or decrease in economic activity. They showed how new technology creates periods of economic growth and productivity. [translate] ...
In the business world, productivity is a measure of the efficiency of a company's production process, It is calculated by measuring the number of units of a product produced relative to labor hours or by measuringnet salesrelative to labor hours. Corporate profits and shareholder returns are dir...
Productivity is a measure of output relative to input. It's typically expressed as a ratio of what is produced (goods or services) to the resources used in production (labor hours, materials, or capital). For example, if a factory produces 100 units per hour of labor, its productivity wou...
While it's not a perfect measurement tool, purchasing power parity allows for the possibility ofprice comparisons between countrieswith differing currencies. It's used by many economists, international organizations, foreign exchange traders, and investors to examine economic productivity and the value of...