How can we measure and compare the relative performance of production units?If input and output variables are one dimensional, then the simplest way is tocompute efficiency by calculating and comparing the ratio of output and inputfor each production unit. This idea is inappropriate though, when...

Productivity is an important indicator of competitiveness and economic health.Recent debate about the competitiveness of the UK economy has focused attentionon the gap between UK productivity and the productivity of other players in the globaleconomy, such as the US, France and Germany.A more...

This review of the empirical and theoretical literature was commissioned by the Small Business Service (Department for Trade and Industry). Our brief was to consider existing research that has examined the causes and the impact of economic churn on productivity, employment and ultimately...

"Jack Triplett and Barry Bosworth analyze services sector productivity, demonstrating that fundamental changes have taken place in this sector of the U.S. economy. They show that growth in the services industries fueled the post-1995 expansion in U.S. productivity and assess the role of...