Productivity in Germany, Japan & U.S. Essay by The Research Group

Productivity in Germany, Japan & U.S.
Definition, measurement & significance in nations' relative economic strength.
# 13067 | 1,350 words | 7 sources | 1997 | US
Published on Feb 05, 2003 in Business (International) , International Relations (Non-U.S.)


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From the Paper:

"PRODUCTIVITY CONCEPTS AND EXPLAINING THE RELATIVE STRENGTHS OF THE ECONOMIES OF GERMANY, JAPAN, AND THE UNITED STATES
Introduction
This research examines productivity as a key element of competitiveness. An examination of productivity concepts and the measurement of productivity is followed by an assessment of the adequacy of productivity measures as explanations for the relative strengths of the economies of Germany, Japan, and the United States.
Productivity Concepts
Productivity is defined generally as a measure of the rate at which output flows from the use of given amounts of the factors of production (Pappas & Brigham, 1990, p. 191). When the factors of production are used in an efficient manner, a.."

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