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At time points t=30h the difference in productivity is significantly different (T-Test, p=0.01).
This difference in productivity of the two systems of production is therefore consistent with the literature values.
"But the difference in productivity was six to one".
The answer depends in large part on two measures: the difference in productivity in making goods that can be traded across borders, and the quantity of such goods.
The difference in productivity was significant: it was 50% higher when workers were paid by the piece than when they were being measured against their peers.
"People who are happier at work are more productive – they are more engaged, more creative, have better concentration", says Marks. "The difference in productivity between happy and unhappy people at work can range between 10-50%.
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The Neoclassical economists considered inequalities as a phenomenon that arose from differences in productivity whereby more productive people earn higher.
Broadly speaking, inter-hospital differences in productivity can be caused by either different values of production (output differences), or cost (input) differences.
On the one hand, they corroborate the idea that education develops skills that make workers more productive and that wages reflect differences in productivity.
Human capital theory (Becker 1964) posits that (i) education develops skills that make workers more productive and (ii) wage differentials reflect differences in productivity.
But wage gaps may also result from productive characteristics, which offer an avenue for exploring the existence of differences in productivity across work schedules.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com