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This is indicative of poor performance, in terms of government expenditure on capital inputs into healthcare.
In fact, he found that spending on capital inputs, which includes robots, is declining even faster than spending on labor.
The difference is driven by the higher expenditure on capital inputs by FTs than by non-FTs this signon-FTs thissignificancewe considisappears productifity rather than total factor productivity.
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Other measures of productivity growth, which take account of capital inputs as well as labor inputs, show a similar slowdown in the period after 2004.
Regarding capital, most studies considered 'the number of beds' as a proxy of capital inputs.
Equivalent annual costs of capital inputs gave a clearer picture of the use of capital items during their useful life.
First, the concept of productivity loss due to illness is, according to economic theory, based on the concept of a production function where output is a function of capital input, labour input and technology.
The number of beds variable was included as a proxy indicator for capital inputs.
Without it, growth would be dependent on labour and capital inputs, and growth would be just a few percent.
Organic farming capitalizes on Chinese agriculture's natural strengths: high labor availability, small parcel size, and little access to capital input and machinery.
The survey of physicians in public and private clinics provides extensive data on physician demographics, practice patterns and capital inputs, with an innovation being a measure of physician skill based on responses to several clinical vignettes.
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