Sentence examples for marginal productivity for from inspiring English sources

We also showed that daily production did not increase linearly with increases in hours worked; marginal productivity for shift lengths greater than 9 hours was lower than average productivity for 9-hour shifts.

Our study showed marginal productivity for the evening shift was 42% to 61% lower than 9-hour productivity for harvesters and processors respectively.

However, wages may not equal marginal productivity for many reasons, making it a poor proxy and reducing the accuracy of estimated productivity loss.

The availability of such data allows us to test the equality of wage and marginal productivity for groups of workers with different characteristics.

Our aggregate labour input ( {L}_j^A ) can be simplified after making several assumptions: First, we assume perfect substitutability among all types of workers and different marginal productivity for each worker type [27, 28].

It can be seen that marginal productivity for processors that were operated for 12 hours per day was 37% lower than the average productivity for processors that were operated for 9 hours per day.

Condition (7) indicates that the value marginal productivity of capital for a modern sector firm equals the interest rate, r.

However, other authors have pointed out a higher efficiency in the marginal productivity of factors used for more intensified farming systems (for example Cohn et al. [2014]).

There is a continuous distribution of productivity across employers, and higher-productivity jobs have a larger marginal productivity of hours worked for any given level of hours.

It can, for example, measure the marginal productivity of a particular factor of production (i.e., the change in output from one additional unit of that factor).

More strictly binding lower bounds for the marginal productivity of formal employment would increase inequality if they draw a larger wedge between the incomes of employed and involuntarily unemployed individual.