Sentences with phrase «between labour productivity»

Technology Change Not the Culprit in Wages Falling Behind U.S. Productivity Gains (Naked Capitalism) Since 1973, there has been divergence between labour productivity and the typical worker's pay in the U.S. as productivity has continued to grow strongly and growth in average compensation has slowed substantially.

Not exact matches

The tax code should be neutral between these activities, so finding and eliminating areas where it discriminates against labour can both enhance productivity and increase wages.

The productivity - median compensation divergence can be broken down into two aspects of rising inequality: the rise in top - half income inequality (divergence between mean and median compensation) which began around 1973, and the fall in the labour share (divergence between productivity and mean compensation) which began around 2000.

When comparing labour productivity performance between economic cycles, it is therefore important to measure labour productivity over common phases of the cycle.

Part of the differences in labour productivity growth between business cycles reflects differences in the rate of capital accumulation and employment growth.

For the past three business cycles, an appropriate comparison is between average labour productivity growth for the 5 1/2 years after each trough in output (the current expansion has run for 5 1/2 years since the trough in output in June 1991).

The changing capital intensity of the economy explains some of the differences in labour productivity growth between business cycles.

Invest in growth to drive productivity, strengthen urban labour markets, build more and better housing and improve infrastructure in and between cities.

The lesson covers the following theory: * Production * Productivity * Factors of production * Labour intensity * Capital intensity Below is a break - down of the lesson aims: All: Students will know the difference between production and productivity.

Type of business organisation: sole proprietors, partnerships, private limited companies, public limited companies, multinationals, co-operatives, public corporations, labour - intensive and capital - intensive, difference between production and productivity, Total and average cost, fixed and variable cost, average and total revenue, aims of business organisations, Perfect competition and Monopoly (advantages and disadvantages), Different sizes of firms (Integrations), Economies and diseconomies of scale.