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Knight Management Center provides a sustainable, beautiful, innovative environment that encourages collaboration and positive productivity.
Empirical test using China's manufacturing firms finds positive productivity spillovers between foreign suppliers and their domestic customers.
It's worth mentioning that given a positive productivity shock, an NGDP target would imply real growth above normal levels and inflation below normal levels.
The positive productivity contribution of market selection declines gradually, both because the failure rate decreases with age and also because the productivity gap between the exiting and surviving firms narrows.
But their own calculations show that between 1997 and 2004 this positive "productivity effect" was not large enough to offset the downward pressure on wages, both from having more workers in the world and from cheaper labour-intensive goods as a result of imports from low-wage countries.
It would take a huge slump to bring us back below the 2009:Q2 level.The positive productivity experience of the last quarter or two has been taken by some as evidence of excess labor shedding by firms, and may point to a need to reverse course and resume hiring in short order to get back to necessary job levels.
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In the presence of certain positive externalities, productivity spillovers or complementarities or what have you, firms in one geographic area grow more productive as the area itself grows larger: more firms, higher productivity, more firms.
Put differently, profit-maximising firms react to positive (negative) productivity shocks by increasing (decreasing) their output, which requires more (less) intermediate inputs.
Liang, J. et al. Positive biodiversity-productivity relationship predominant in global forests.
The FMPI data from Northeastern China conformed to the positive diversity-productivity relationship (Table 5).
A global assessment of NPP and biodiversity could also not confirm a general positive biodiversity-productivity relationship.
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