Multifactor productivity is a type of assessment that's used to gauge the level of productivity as related to changes in product...
In macroeconomics, we call this measure TFP (Total Factor Productivity) or MFP (Multi Factor Productivity). Productivity is what matters It is what really matters when looking at the production performance of nations and companies. When output per worker, for example, rises so do living standards...
The long run impact of ICT is small, but its recent contribution to MFP growth is sizeable for some industries, possibly reflecting the delayed benefits of the ICT investment surge in the late 1990s due to adjustment costs. Global trade openness and industry outsourcing generally raises MFP....
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Corporate Responsibility (CR) is today an essential component of corporate global strategy. CR can bolster the institutional context for market expansion f... D Brown,JS Knudsen - 《Business & Politics》 被引量: 3发表: 2017年 Barriers to growth in service exports: draft report Key points The...
The OECD has described GDP as suffering from a number of statistical problems. Its solution was to use GDP to measureaggregate expenditures, which theoretically approximates the contributions of labor and output, and to use multi-factor productivity (MFP) to show the contribution of technical and ...
Also known as multi-factor productivity (MFP), this measure of economic performance compares the number of goods and services produced to the number of combined inputs used to produce those goods and services. Inputs can include labor, capital, energy, materials, and purchased services.4 Capital...