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It is cash and it pays some wages, but it represents a fall in productivity.
But most people would not consider a fall in productivity to be a sign of competitive vigour.
Even in China, still growing at a suspiciously smooth 7.5% a year, there are worries about a property bust, a credit bubble and a fall in productivity (see article).In this section The gay divide A better way to arbitrate The will and the way Weaker than it looks Viva la revolución ReprintsSuch a lopsided world economy is unlikely to be stable.
The loss to average UK households could be as much as £2,000 over the longer term in the institute's worst-case scenario, which involves a loss of preferential trade links with the EU and a fall in productivity linked to declines in business investment.
If doctors spend longer with patients, patients will probably like it and may get better quicker, but a simple measure will show a fall in productivity.Because of such problems, statistical offices used to assume that government productivity stays the same: the volume of output equals real inputs.
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The fall in productivity this year appears to confirm that this was also a myth.
Entrepreneurs, farmers and traders who are at home sick themselves or with their kids cost Africa an estimated $12 billion a year in productivity.
Based on existing trends of deforestation, loss of carbon sequestration and related feedbacks on rainfall, temperature and biomass, the researchers project a 34% fall in pasture productivity and a 28% decline in soyabean yields by 2050.
A landmark 2006 study by the Gallup Management Journal estimated that a typical organization loses $3,400 in productivity for every $10,000 of payroll due to disengaged employees.
Figures from the New York-based consulting firm Basex show that unnecessary workplace interruptions, such as cellphone calls or redundant e-mails, wreak havoc on our attention spans, taking 28% of U.S. workers' days and an economic toll of $650 billion a year in productivity.
The response variables were cotton decomposition in 1997 and 1998, litter decomposition in 1998, productivity in 1997 and 1998, and nitrogen pool size in aboveground biomass 1998.
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