Brondino, Gabriel; Fora Alcalde, Facund; Casaú Guirao, … - In: PSL quarterly review 77 (2024) 309, pp. 173-193
In the classical approach, one of the main measures of productivity is the so-called 'total labour productivity' (TLP), which can be computed as the reciprocal of the vertically integrated labour required to produce one unit of net output. In closed economies, this index changes exclusively due...