|
|
Article: Multifactor productivity up again.(Labor Month In Review)(Brief article)
- Article from:
- Monthly Labor Review
- Article date:
- July 1, 2007
CopyrightCOPYRIGHT 2007 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)
|
Multifactor productivity in the manufacturing sector rose 3.4 percent in 2005. This is the fourth consecutive year that multifactor productivity rose in manufacturing. Multifactor productivity measures the joint influences of technological change, efficiency improvements, returns to scale, reallocation of resources, and other factors on economic growth, allowing for the effects of capital and labor.
The multifactor ...
Related newspaper, magazine, and journal articles:
|
|
Article: Bias in aggregate productivity trends revisited: ...
Monthly Labor Review;
March 1, 2002 ;
700+ words
... ... determined that manufacturing could account for all of the multifactor productivity (MFP) growth during the 1979-96 period within the ... widely noted that the 1999 BEA revisions raised the productivity trends. The size of the "raise" varied by period, but it ...
|
|