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Article: Multifactor productivity in farm and garden equipment.
- Article from:
- Monthly Labor Review
- Article date:
- June 1, 1991
- Author:
CopyrightCOPYRIGHT 1991 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Multifactor productivity in farm and garden equipment
Between 1958 and 1973, multifactor productivity played only a minor role in the growth of output per hour in this industry; after 1973, a substantial drop in multifactor productivity contributed to a decline in output per hour
For almost a decade, the Bureau of Labor Statistics has published a labor productivity measure called output per employee hour for the farm and garden machinery industry. Many factors in addition to changes in the skills and efforts of the work force influence movements in labor productivity: technological change, economies of scale, the amount of capital input per worker, the ...