scholarly journals Schooling Externalities, Technology, and Productivity: Theory and Evidence from U.S. States

2009 ◽  
Vol 91 (2) ◽  
pp. 420-431 ◽  
Author(s):  
Susana Iranzo ◽  
Giovanni Peri
Keyword(s):  
Productivity Theory

Tourism Productivity Theory and Measurement for Policy Implications: The Case of Australia

2019 ◽  
Vol 59 (2) ◽  
pp. 247-266
Author(s):  
Tien Duc Pham
Keyword(s):  
Labor Productivity ◽  
Holistic Approach ◽  
Tourism Industry ◽  
Policy Implications ◽  
Policy Makers ◽  
Average Growth ◽  
Multifactor Productivity ◽  
Capital Productivity ◽  
Productivity Theory

Tourism productivity measures are quite diverse, not always compatible and usually based partly on labor productivity for hotels and restaurants. This article develops a holistic approach that integrates the principles of the growth accounting framework and tourism satellite account to measure multifactor productivity, labor productivity and capital productivity for the Australian tourism industry. This study shows that tourism has been identified as a reservoir for other industries through the ebbs and flows of labor demands. Compared with the rest of the economy, the average growth of labor productivity—that is, income per unit of labor—for tourism is stagnant, and has reached an unprecedented low, six times below the market sector average, mainly because of low multifactor productivity. The results are valuable for policy makers and the lobbying groups wanting to identify areas of need for policy changes to ensure the healthy long-term growth of tourism.

Adolphe Landry's Theory of Profits

2012 ◽  
pp. 125-140
Author(s):  
Heinz D. Kurz
Keyword(s):  
Contemporary Literature ◽  
Critical Assessment ◽  
Marginal Productivity ◽  
Productivity Theory

The paper provides a critical assessment of Adolphe Landry's contributions to the theory of capital and interest. His analysis represents one among several variants of marginal productivity theory. The distinguishing feature of his variant is that he considers entrepreneurship a scarce factor of production alongside with the usual factors labour, land and capital. He thus tries to put entrepreneurship - the innovative agens, as Schumpeter saw it - into the Procrustean bed of marginalist theory. It is not clear whether Landry's combination of various ideas to be found in the contemporary literature generates a coherent whole, because his argument is often suggestive and vague and lacks analytical rigour.

Productivity Improvement at the SENESCO Shipyard

2003 ◽  
Vol 19 (03) ◽  
pp. 187-193
Author(s):  
Laurence P. Gebhardt ◽  
Robert G. Jarvis
Keyword(s):  
Research Program ◽  
Production Quality ◽  
Subsequent Paper ◽  
Productivity Improvement ◽  
Management Framework ◽  
Quantitative Evidence ◽  
Safety Production ◽  
Productivity Theory ◽  
A Company ◽  
Goals And Objectives

This paper examines how SENESCO, a small business shipyard, perceives and practices productivity theory within a company mission and management framework that balances safety, production, quality, and responsibility. The paper discusses the various ways in which productivity is achieved and improved at the SENESCO shipyard. Themes in this paper are consistent with goals and objectives of the National Shipbuilding Research Program (NSRP) Crosscut Initiatives Panel. Concepts in this paper could be adapted or adopted by other small to mid-sized shipyards or smaller units of larger shipyards. Quantitative evidence of our productivity improvement will be shared in a subsequent paper.

Technological Effects on Wages and Labour: Classical and Neoclassical Ideas

2012 ◽  
pp. 97-124
Author(s):  
Anastassios D. Karayiannis ◽  
Ioannis A. Katselidis
Keyword(s):  
Technological Progress ◽  
New Technology ◽  
Marginal Productivity ◽  
Long Run ◽  
Rate Effects ◽  
Short Run ◽  
Real Wage Rate ◽  
Productivity Theory ◽  
The One ◽  
The 19Th Century

The introduction of new technology may have significant effects on the level of employment and the real wage rate; effects that have received considerable attention even from the economic thinkers of the classical period. This paper aims to analyze and evaluate the various views and arguments of early classical and neoclassical economists concerning the technological effects on wages and employment. On the one hand, the economists of the early decades of the 19th century (mainly between 1800 and 1840) had recognized and analyzed many of the effects of technology on labourers' welfare. On the other hand, early neoclassical theorists of the period between 1890 and 1935 tried to expand on the classical views and to develop their own theoretical arguments, based on new perceptions like the marginal productivity theory. The main conclusion drawn is that most of early classical and neoclassical economists recognized and specified the temporary adverse effects of new technology on labour (e.g. short-run unemployment), but, at the same time, they argued for the beneficial long-run consequences of technological progress on labourers' welfare.

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