In broad terms, productivity is defined as the ratio of all outputs to all inputs. In this paper, productivity is distinctly used as an engineering tool and from practical viewpoint. With such engineering look, productivity is an adequate tool for evaluation of the advancement in...

This book seeks to reveal to the reader the extent to which theconcept of productivity has been subject to abuse andmisunderstanding by different interest groups, provides a solidplatform for defining and calculating productivity in all differentindustries and situations and finally shows the...

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Most post-communist economies are characterized by an initial collapse inaggregate output. Blanchard and Kremer (1997) and Roland and Verdier (1997)have recently modelled supply-side distortions — disorganization in the links of production — that can lead to a short-term output contraction...

This paper uses panel data on british manufacturing industries between 1973 and 1985 to examine the relationship between productivity and labour organization. It is shown that the relationship between unions and productivity levels is sensitive to the econometric specification. The evidence...

An important theme in modern research on productivity has been that technological progress may be embodied in capital in the sense that traditional measures of TFP growth reflect unmeasured improvements in the quality of capital inputs as well as pure disembodied technological progress. It is...

Despite the widespread popularity of the Solow growth model, much of the recent empirical work based on the classic framework misrepresents a crucial feature of the model. Namely, the growth rate of technological progress, assumed to be exogenous in the Solow model, is often identified as being...

This paper develops a new technique for measuring the effect of computer usage on U.S. productivity growth. Standard National Income and Product Accounts (NIPA) measures of the computer capital stock, which are constructed by weighting past investments according to a schedule for economic...

Quality of life and productivity are two important measures in health outcomes that usually require the use of self-reported surveys for accurate assessment. Measuring health-related quality of life (HRQOL) has been established as an important field in the past century, and many psychometrically...

Full-text of this article is not available in this e-prints service. This article was originally published [following peer-review] in Review of Political Economy, published by and copyright Routledge.