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Productivity Measurement

In: Payment Systems and Productivity

Author

Listed:
  • Angela M. Bowey
  • Richard Thorpe
  • Phil Hellier

Abstract

Productivity has become an everyday word for a concept which everyone is supposed to approve but which is rarely defined satisfactorily. For the last 20 years and more, politicians, industrialists, economists and management specialists have stressed the importance of productivity improvement for the general economic state of a nation. Company executives are concerned with productivity both for making comparisons between enterprises in home and world markets and as a shorthand term for factors which need to be improved to make their own enterprise more competitive and successful. Governments stress the relationship between productivity, the standard of living, inflation and economic growth.

Suggested Citation

  • Angela M. Bowey & Richard Thorpe & Phil Hellier, 1986. "Productivity Measurement," Palgrave Macmillan Books, in: Payment Systems and Productivity, chapter 3, pages 36-65, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-18106-3_3
    DOI: 10.1007/978-1-349-18106-3_3
    as

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