Tracking productivity is an important part of managing a business and, while there are a few ways of doing this, multifactor productivity is one of the most common and useful. Labor productivity is ...

This article examines the sensitivity of three alternative multifactor productivity growth estimates for the electric-utility industry during the 1951-1984 period. The results indicate that ...

Discover how applied technical efficiency and capital goods boost labor productivity, and gain actionable insights on improving workforce efficiency.

More hours worked in highly productive sectors, in relative terms Total labour productivity can also increase if more hours are worked, in relative terms, in highly productive sectors. Conversely, if ...