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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Moominoid who wrote (58610)1/17/2001 12:10:07 PM
From: LLCF  Read Replies (1) of 436258
 
<Productivity per worker can improve because of improvements in the product or improvements in the techniques of production or efficient use of more capital and resources per worker. >

Yes, that's what should happen...

<The example you give is where you used more capital per worker but the investment was inefficient. It wouldn't be included in measured productivity. >

That's the whole point... it IS included in measured productivity whether it should be or not.

DAK
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