Fiscal incentives to invest in training and technology, harnessing the power of our world - class universities, encouraging skilled migration to fill current skills gaps, investment in a strategic nationwide programme of skills development, including apprenticeships and even sharing insight from economies with
higher productivity growth would all help.
In terms of productivity improvements, it simply says that the Scottish government has some good policy ideas, and here is a number for
the higher productivity growth that these could generate.
This would reduce market distortions and contribute to
higher productivity growth.
Perhaps the most exciting thing about this development is that it could lead to
higher productivity growth for the entire economy.
Higher productivity growth, sustained over a few decades, would have a profound impact on future living standards, but to expect an economic boom of anything but the short - lived variety is to rely on arithmetic that doesn't add up.
In other words, rather than productivity advances being the cause of higher real wages, the reverse may be true: Higher labor costs that crimp the profits share and boost the labor share are a necessary condition for higher investment rates which in turn will lead to
higher productivity growth.
Emerging markets»
higher productivity growth rates are likely to persist.
While the magnitude of this fall partly reflects the appreciation of the currency, it also reflects ongoing price declines associated with global overproduction and
high productivity growth continuing in this sector.
Not exact matches
«Lulu enjoyed several years of extremely strong
growth as a faddish demand for its product produced record setting levels of sales
productivity and the
highest ever operating margins we've seen for a specialty apparel retailer.
Many commentators go on to conclude that the
higher incomes generated by
high commodity prices have given Canadians a temporary reprieve from the problem of low
productivity growth.
Though
productivity apps only make up a small 4 % of time spent, their share doubled over the past year,
higher growth than any other category.
And even if some geographic locales are associated with
higher productivity and
growth, that doesn't mean cluster success can be manufactured by government fiat.
The economy at that time benefited from much
higher rates of
productivity growth, which allowed employers to raise pay and hire more without having to lift prices.
Economic
growth in China has long been premised on
high levels of savings and investment,
growth of manufacturing and exports, migration of low -
productivity rural workers to
higher -
productivity urban jobs and integration of new technologies.
More than 40 years ago, the Magna founder decided his company would experience
higher productivity and less labour strife — and, as a result, faster
growth — if its workers got some of the financial benefits of strong performance.
Airline workers also work much harder than they did in the past; the industry had the second
highest multifactor
productivity growth from 1997 through 2014, according to an analysis by the Bureau of Labor Statistics.
A one percentage point increase in the
growth rate of
productivity has been associated with between two - thirds and one percentage point
higher growth in median worker compensation in the period since 1973, and with between 0.4 and 0.7 percentage points
higher growth in production / nonsupervisory worker compensation.
Making use of the
high frequency changes in
productivity growth over one - to five - year periods, we run a series of regressions to test this link more rigorously.
In a deflationary environment unless
productivity growth rates are
high, it is very difficult to keep the value of assets rising in line with the value of debt.
When debt levels are low, reforms aimed at improving
productivity, if they are correctly designed and implemented, can result in the
higher productivity and GDP
growth that could, in principle, allow a country to «grow» its way out of debt.
Allowing wages to continue to rise should, in the longer run, boost
productivity growth because businesses will be incentivized to find ways to improve the
productivity of their workers in the face of tighter labor markets and
higher labor costs.
The
growth rate of potential output is expected to increase gradually from 2.0 per cent in 2012 to 2.2 per cent in 2014, reflecting
higher trend
productivity growth, before edging down to 2.1 per cent in 2015 (Table 2 - A).
Finally, if we assume a sustained explosion in
productivity growth to 2.8 % annually, joining the
highest quintile of historical U.S.
productivity growth rates for any 8 - year period, and assuming an unemployment rate of just 4 % in 2024, the result would still be real U.S. GDP
growth averaging just 3.2 % annually over the next 8 years.
For the U.S., it should be a good thing and resolve the Triffin Dilemma in favor of
higher growth,
productivity, savings and employment domestically, but it seems like it could be pretty chaotic for the world.
Because it hasn't, the only other way I can get reported GDP
growth to reconcile with much
higher credit
growth is to assume that much of the investment will never result in increased
productivity, and so will never cause GDP
growth to pick up.
But if that doesn't lead to a
higher investment rate and
productivity growth, we could expect
growth to roll over and lead to what potentially could be a recession, something I haven't seen discussed as much before,» said Matt Toms, chief investment officer for Voya Investment Management.
For sale is a
high growth AdSense portfolio in the
productivity space.
Structural factors such as aging populations, poor
productivity growth and
high debt levels mean historically low government bond yields are likely here to stay.
Both valuations and consumer sentiment may be at
high levels, but with stable real yields, rising
productivity and «normalised» valuations, the equity outlook is not necessarily negative — as long as economic
growth continues.
Despite slowing a little in recent quarters, as employment
growth has picked up in response to earlier
growth in output, Australia's
productivity growth in the 1990s has been
higher than in previous expansions.
In the long run both types of investment create capital that can yield substantial positive rates of return (above the current 30 and 50 year real bond rate) and result in both
higher productivity and stronger labour force
growth.
The drivers of this low
growth environment stem from four secular headwinds — aging demographics, depressed
productivity,
high global debt levels and incessant deflation deriving from globalization.
The Toronto Stock Exchange compared ESOP versus non - ESOP public companies and showed that in ESOP companies: — five - year profit
growth was 123 %
higher — net profit margins were 95 %
higher; —
productivity measured by revenue per employee was 24 %
higher; — return on average total equity was 92.3 %
higher — return on capital was 65.5 %
higher.
Since hours worked is largely related to a country's demographics and something that is very difficult to affect in the short term,
higher productivity is the only way to achieve faster
growth.
They didn't, because the theory of the Republican tax plan is completely different, namely that cutting corporate tax rates will incentivize more business investment in capital goods, thus spurring
higher productivity, more economic
growth, and
higher wages over the long run.
PEP remains poised for additional upside surprises given the
growth potential of its
higher - margin product lines and targeted costs savings through
productivity enhancements.
This
higher rate of underlying
productivity growth, if sustained, should enable the economy to grow at a
higher average rate than was possible in the past.
Core inflation has drifted
higher over the past year, as slowing
productivity growth has pushed up
growth in unit labour costs, albeit from a very low level.
Growth in non-farm GDP per hour worked — a broad measure of labour
productivity — has averaged 1.8 per cent per annum since the start of the recovery, a
higher rate than in the corresponding phase of the previous cycle, but slightly lower than in the 1970s cycle.
Powell recognizes the limits of monetary policy when he notes that «ultimately, the only way to get sustainably
higher interest rates is to improve the broader environment for
growth, by adopting policies designed to increase
productivity and potential output over the long term — policies that are mainly outside the scope of our work at the Federal Reserve.»
During Reagan's term, the United States experienced
higher economic
growth,
higher household income, greater
productivity, increased tax revenues, reduced unemployment, lower interest rates, and lower inflation.
A Labour government will drive forward the economic and industrial policy that Ed Miliband, Ed Balls and Chuka Umunna have been developing to create more
high quality jobs in every region of the country by reforming our banking sector, modernising our infrastructure, and working with businesses to get the long - term investment we need in growing SMEs and the
high productivity,
growth industries of the future.
«Our study suggests that the effect of human capital on economic
growth is larger in
high - quality - of - life counties — natural amenities such as clean air and temperate climate, could potentially attract human capital and perhaps increase labor
productivity, thus boosting the effect of human capital on
growth,» said Fan.
The next sentence appears to offer a rationale for a
higher level of support: «The Committee believes that strategic investments in the physical science areas are vitally important for the United States to remain the global leader in innovation,
productivity, economic
growth, and good - paying jobs.»
The authors find that the main barriers to large - scale deployment of both macro - and micro-algae, include
high demands of key resources for algal
growth (such as nutrients, water and CO ₂), difficulty in maintaining selected species with
high productivity content in outdoor culture, as well as
high energy requirements and costs of algal production and conversion into biofuels.
By using a combination of crop
growth, hydrological, carbon and nitrogen cycle models, researchers found that the estimated land suitable for bioenergy grasses — particularly Miscanthus, the most productive bioenergy crop — is limited, despite its relatively
high biomass
productivity and low water consumption per unit of ethanol.
Some hard - hit African countries have the
highest growth rates on the planet, and gains in agricultural
productivity simply have not kept up with those extra mouths.
For example, scientists have shown a connection between the rapid warming of the Arctic region to the increase in terrestrial gross primary
productivity (vegetation
growth) in
high latitudes.
There remains the risk that robots may displace humans from jobs, although previous waves of automation have tended to lead to
higher productivity and
growth, with benefits throughout the economy.
While firms cluster in cities to recruit talent and realize
higher productivity gains, how pollution scales with population
growth remains unknown.