increase in labour productivity

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• Labour productivity — is defined by the OECD to be the ratio of a volume measure of output to a volume measure of input OECD Manual: “Measuring Productivity; Measurement of Aggregate and Industry Level Productivity Growth.” (2002) Volume measures of output are… …   Wikipedia

• Productivity — in economics refers to measures of output from production processes, per unit of input. Labor productivity, for example, is typically measured as a ratio of output per labor hour, an input. Productivity may be conceived of as a measure of the… …   Wikipedia

• Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …   Wikipedia

• Labour power — (in German: Arbeitskraft , or labour force) is a crucial concept used by Karl Marx in his critique of capitalist political economy. He regarded labour power as the most important of the productive forces. Under capitalism, according to Marx, the… …   Wikipedia

• productivity — pro·duc·tiv·i·ty (prō dŭk tĭvʹĭ tē, prŏd ək ) n. 1. The quality of being productive. 2. Economics. The rate at which goods or services are produced especially output per unit of labor. 3. Ecology. The rate at which radiant energy is used by… …   Universalium

• labour economics — Study of how workers are allocated among jobs, how their rates of pay are determined, and how their efficiency is affected by various factors. The labour force of a country includes all those who work for gain in any capacity as well as those who …   Universalium

• productivity — noun ADJECTIVE ▪ high, low ▪ enhanced, greater, improved, increased, maximum ▪ improving, increasing …   Collocations dictionary

• Labour law — concerns the inequality of bargaining power between employers and workers. Labour law (also called labor law or employment law) is the body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on,… …   Wikipedia

• Labour-Management Relations — ▪ 1995 Introduction International Developments.       For most of the industrialized market economies, the outlook brightened as 1994 progressed, and inflationary pressures proved manageable. Unemployment, however, was forecast to rise to 8.5% in …   Universalium

• Productivity paradox — The productivity paradox (also known as the Solow paradox or sometimes the Solow computer paradox) is the theory that computers have contributed negligibly to productivity, and is often summarized with Robert Solow s 1987 quip, You can see the… …   Wikipedia

• Agricultural productivity — Food production per capita (1961 2005) …   Wikipedia