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There is also massive scope for productivity gains as workers move from low value-added agriculture to higher-value activities.
Weak prospects for growth could depress investment and slow down trade, leading to even weaker demand and limiting the scope for productivity gains.
Further scope for productivity increases is highly bullish for shares in the long run.The only thing missing in this upbeat story is a clear end to several years of post-bubble deflation.
We find substantial variation in productivity among English hospitals, suggesting scope for productivity improvement.
Our analyses suggest substantial scope for productivity improvement across the English hospital sector.
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At this stage in its development, further capital investment and better education should raise productivity and thus wages, in a virtuous circle.There is plenty of scope for improving productivity.
The policy is not only expanding capacity but also demonstrating the scope for higher productivity and innovation.
Because they start with much less capital per worker than developed economies, they have huge scope for boosting productivity by importing Western machinery and know-how.
The most important of these is the supply of labour, but the greater the scope for higher productivity, the less the pressure on the labour market.
It is for these reasons that the MPC [monetary policy committee] judges there to be a significant margin of slack in the economy, even though the extent of that slack, particularly the scope for a productivity rebound, is very uncertain".
And cows need five times as much feed to produce 1kg of protein as meat than to produce it as milk.Even without switching between types of protein, there is scope for big productivity gains in South and South-East Asia, Africa and the Middle East, where 45-80% of pig and chicken farms are smallholdings.
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