Explore how the One-Third Rule estimates changes in labor productivity from shifts in capital investment, impacting economic ...

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

Total factor productivity—a measure of the efficiency with which labor and capital are used—has fallen during the current recession. But, after adjustment for lower utilization of labor and capital, ...

Labor and Capital are rather abstract words with which to describe those vital forces, which working together become productively useful to mankind. Reduced to their simplest terms Labor and Capital ...

The global economy has been struggling to regain its footing since the 2008–09 global financial crisis. Forecasts for medium-term growth continue to be downgraded. Advanced economies have seen a ...

Analysts and policymakers can’t seem to agree on China’s productivity story. Some point to data showing that China’s total factor productivity (TFP) growth, the portion of output growth not explained ...