Estimating labour productivity, Microeconomics

Assignment Help:

Estimating Labour Productivity by Economic Sector for Target Year and its Change between Base and Target Year

Contribution of each sector to GDP is known. The contribution of a given sector to GDP in the target year is already estimated. The productivity of labour for each sector in the target year is estimated by dividing the GDP share of each sector by the number of workers in that sector.

Labour productivity might change from the base to the target year. This may be due to improvements in technology,management techniques and related factors. Such changes are accounted and labour productivity is estimated for the target year.


Related Discussions:- Estimating labour productivity

Tax incidence, if the inverse demand curve is p=120-Q and the marginal cost...

if the inverse demand curve is p=120-Q and the marginal cost constant at 10, how does the monopoly a specific tax of 10 per unif affect the monopoly optimum and welfare of consumer

Production possibilities curve, what happen when a new resources has been d...

what happen when a new resources has been discovered for computer

Oligopoly, what is The most important source of oligopoly?

what is The most important source of oligopoly?

Market supply, #quUse a graphical illustration to describe briefly what the...

#quUse a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women

Production function curve, different types of production funtion and curve ...

different types of production funtion and curve given by different economist

The market mechanism , The Market Mechanism  Features of the equil...

The Market Mechanism  Features of the equilibrium or market clearing price: – QD = QS  – No shortage or scarcity  – No extra supply price.  – No pressure on th

Oligopoly, large firms charge the price which is higher than the small firm...

large firms charge the price which is higher than the small firms, contruct the diagram

Primary inputs, Normal 0 false false false EN-IN X-NO...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Factors responsible for policy failures, FACTORS RESPONSIBLE FOR POLICY FAI...

FACTORS RESPONSIBLE FOR POLICY FAILURES: It is the subject of many official and academic studies to try and find out the reasons for the inability of many, in fact, most of th

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd