Economics, Econometrics and Finance
3 years ago

New study reveals key to boosting productivity in industries and economies!

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Contributions to economics
The Top-Down Approach 1: Aggregate Output and Simple Labour Productivity Indices
Bert M. Balk

Paper Summary

The article explores how output and labor productivity change are related for individual units and larger groups like industries or economies. The researchers developed useful expressions to compare these measures over time and compared them with existing research.

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