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Where did the productivity go?
March 2006 "Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income", by Ian Dew-Becker Dew-Becker and Robert Gordon
No. Did the productivity evaporate into thin air?
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Here again, our research has shown that without the buffer of a workplace friendship, the performance of competent people suffers and so does the productivity of their team as a whole.
So how does the Productivity Pyramid work?
Output per working-age person (Y_t /N_t) grows more slowly (if at all) than does the productivity factor (A_t^{1/ 1-alpha )}) because hours worked per working-age person (L_t /N_t) fall sharply even though there is a sharp increase in the capital factor (left( {K_t /Y_t } right) ^{alpha /(1/ 1-alpha).
This figure largely exceeds the theoretical optimum, but so, too, does the productivity.
Where Did the Money from Productivity Increases Go? Buybacks—as well as dividends—have skyrocketed in the past 20 years.
(See the exhibit "Where Did the Money from Productivity Increases Go?") They buy high and, if they sell at all, sell low.
What do the best productivity apps for teams achieve?
"The level of modification done to freshwater lakes and rivers has a lot to do with the productivity of those systems - many freshwater species are migratory, and connectivity between river systems and betwen rivers and the sea is very important".
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CEO of Professional Science Editing for Scientists @ prosciediting.com