Why Does Productivity Matter?

Le Van, Cuong and Pham, Ngoc-Sang (2021): Why Does Productivity Matter?

Abstract

Productivity is a key concept in economics and crucial for economic growth. By using different theoretical models, we show the role of several kinds of productivity, including total factor productivity (TFP) and labor productivity.

• Item Type: MPRA Paper
• Language: English
• Keywords: Productivity, TFP, labor productivity, competitiveness, growth.
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity

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