Other
Demystifying the global productivity puzzle
The Conversation, Vol.4 February 2014
The Conversation Media Group
2014
Abstract
The Conference Board’s latest productivity measure shows efficiency remains a problem for the global economy - and interestingly that innovation, despite occurring, may not be helping.
The business research group’s report found productivity across the world slowed down for the third straight year. Emerging economies contributed 1.8%, a fair share, to the global growth while mature economies contributed 0.4%. Total factor productivity (TFP), that is, how well labour inputs combine with capital inputs to generate output, was also low, dipping below zero in 2013.
Details
- Title
- Demystifying the global productivity puzzle
- Authors/Creators
- C. Vas (Author/Creator)
- Publication Details
- The Conversation, Vol.4 February 2014
- Publisher
- The Conversation Media Group
- Identifiers
- 991005542223907891
- Copyright
- The Author
- Murdoch Affiliation
- School of Management and Governance
- Language
- English
- Resource Type
- Other
- Publisher URL
- http://theconversation.com/au
- Resource Sub-type
- Nonrefereed Article
Metrics
54 Record Views