Productivity
in sentence
2837 examples of Productivity in a sentence
It is often said, for good reason, that the widening income gap largely reflects technological change, which has drained many economies of blue- and even white-collar jobs, while channeling the fruits of improved
productivity
to high-skilled elites.
A study published in 2011 by MIT’s Erik Brynjolfsson and his colleagues found that companies using data-driven decision-making had a 5-6% higher
productivity
rate than those that did not.
As organizations pursue these opportunities to innovate, boost revenues, or increase productivity, leadership teams will also need to adjust.
Productivity
also matters.
In a rich country, firms typically can improve
productivity
only through innovation.
In India,
productivity
can be improved simply by building a better road from a factory to the railhead.
Much of the appreciation in the real exchange rate is offset by increased
productivity.
The answer is to improve
productivity
with better infrastructure; improve human capital with better schools, colleges, and vocational and on-the-job training; simplify business regulation and taxation; and improve access to finance.
This should allow higher
productivity
than was feasible in 1960.
Why can’t today’s emerging markets replicate levels of
productivity
that were achieved in countries with worse social indicators and much older technologies?
When handled properly, gender equality promotes business output and productivity, whereas sexual discrimination, if ignored, can destroy an office culture – and so much more.
Even taking into account differences in productivity, these costs are generally between a quarter and a third of the level in Eastern Europe.
One of those issues is slowing
productivity
growth, which has held back global economic performance, to varying degrees, for the last two decades, with no sign of reversal in sight.
With average US
productivity
per worker at about $150,000, if Mexico’s manufacturing gain is attributed entirely to NAFTA, this represents about 333,000 US jobs, or less than one out of every 400 jobs in the US.
As the state’s share of non-agricultural employment fell – from 30% in the mid-1990s to 13% by 2007 – private-sector
productivity
rose at an average annual rate of 3.7% from 1998 to 2007.
State-sector
productivity
grew even faster, at 5.5% per year.
This
productivity
growth contributed about one-third of China’s total GDP growth – which accelerated to double-digit rates – over this period.
Sustainable long-term growth – based on efficiency improvements,
productivity
gains, and innovation – is possible only with an effective institutional framework, and that requires fundamental changes to the political and regulatory systems.
With major reforms only half-complete, there are significant opportunities for stable growth based on efficiency and
productivity
gains, rather than merely on consumption.
Moreover, America’s science and technology policy must reflect an understanding that long-term increases in living standards depend upon
productivity
growth, which reflects technological progress that assumes a solid foundation of basic research.
Closing the gender gap in agriculture, meanwhile, could have an even more profound impact on families and
productivity
in the developing world.
Whether the changes are profoundly disruptive, or merely provide incremental improvements in products, services, or business models, the results boost an economy’s long-run
productivity.
Much of the research in this area, influenced by the work of Harvard’s Michael Porter, has been dominated by “cluster studies,” which typically focus on improving
productivity
in emerging economies and regions within advanced economies.
Similarly, we should focus on at least halving malnutrition, because there is robust evidence that proper nutrition for young children leads to a lifetime of large benefits – better brain development, improved academic performance, and ultimately higher
productivity
as adults.
That in itself will result in overall GDP growth falling below potential, owing to the inferior
productivity
and greater corruption in the major companies that the state controls or heavily influences.
These improvements raise farm
productivity
and facilitate diversification into non-traditional crops with higher returns.
Are the
productivity
gains large enough?
They stress that outsourcing cuts costs - just like a technological change that improves productivity, thus increasing profits - and what is good for profits must be good for the American economy.
But a majority of even highly training engineers and scientists are involved in what is called "ordinary science," the important, day-to-day improvements in technology that are the basis of long-term increases in
productivity
- and it is not clear that America has a long-term competitive advantage here.
This substantial deficit is the consequence of a chronic gap between investment and saving, and past AKP governments’ failure to enact structural reforms to raise total
productivity
and enhance Turkey’s international competitiveness.
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