Productivity: What's Going On in Europe Part II

Lucey, John
June 2007
Management Services;Summer2007, Vol. 51 Issue 2, p40
Academic Journal
The article presents an update on the state of labor and industrial productivity in Europe. Productivity has been and remains the main component of economic growth in the region. It is the residual element that still has not been explained once all the increases in the amounts of the factors of production are accounted for. The factors of production are not limited to the traditional labor or human resources, capital, money and raw materials. There is the emergence of new concepts such as green productivity.


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