Introduces students to the arithmetic significance of national productivity growth. It determines productivity, capital productivity and total factor productivity, describes the relationship between them, and discusses the phenomena that cause them to change over time. Exhibits include data for the U.S. and other industrialized countries, which shows the relationship between the various measures and the possibility of comparisons over time and space. The note discusses the controversy in 1992 productivity growth in Singapore. Productivity is an important phenomenon, widely discussed in the newspapers, but rarely even identified. Business students, especially those who are engaged in the analysis of the country, should understand the various ways in which it is measured and why these different values have changed over time in different people. Designed for the introductory course MBA. "Hide
Forest Reinhardt on 12 pages. Publication Date: October 13, 1993. Prod. #: 794051-PDF-ENG
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