Sentences with phrase «higher productivity growth»

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.
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