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But, for various reasons, some of which John Cassidy detailed in a post last year, data on productivity is an incomplete, and possibly inaccurate, gauge of innovation).
Blue-chip stocks edged higher yesterday after data on productivity offered hope that the economy will chug ahead, but technology shares slipped back on worries about the semiconductor sector.
It comes from Australian Bureau of Statistics data on productivity rises in the construction sector over a decade, however even the ABCC-commissioned report doesn't attribute the increase directly to the regulator.
(Piketty writes that the "US economy was much more innovative in 1950-1970 than in 1990-2010, to judge by the fact that productivity growth was nearly twice as high in the former period as in the latter". But, for various reasons, some of which John Cassidy detailed in a post last year, data on productivity is an incomplete, and possibly inaccurate, gauge of innovation).
Data on productivity, which increased, and employment, which held steady, issued within the last week tended to point to an opposite conclusion.
"Now, you add to that Bernanke's comments from yesterday and the data on productivity, and that added up to another bad day".
Similar(31)
The Spanish bearded vulture population has been closely monitored since the 1980s, and a relatively large data set on productivity (ca. 30 years, 1,028 breeding records) and individually marked birds (1987 2005, 95 individuals) are available.
Telephone interviews were used to collect follow-up data annually on productivity and semi-annually on attrition.
They also feed into data on worker productivity and real interest rates.
The report added, however, that this was insufficient information to "identify signs of the sector being unable to deliver services, unclear links between financial reductions and service pressures, and limited data on police productivity".
Economists and policy experts are now researching whether such strategies offer the same benefits for other businesses — and examining how those benefits might show up in national data on innovation, productivity and growth.
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