Perlman, Richard
October 1956
Industrial & Labor Relations Review;Oct56, Vol. 10 Issue 1, p26
Academic Journal
The relationship between productivity and industry wage movements usually has been explored through comparison of changes in physical output per man-hour and average hourly earnings. According to the author of this study, such analyses have been ineffective because the element of product prices has been neglected. Comparison of value productivity with wage movements is tested and found to be a more satisfactory tool of analysis.


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