Abstract
Productivity is the ratio of output to one input such as labour services or to inputs taken in their totality. Since economics is in its very essence concerned with the organisation of inputs (scarce means) to produce outputs (satisfy human wants), comparisons of productivity go to the heart of the assessment of economic performance. By far the most common form of comparisons is over time in a given country.1 We are concerned here, however, with the less frequently made comparisons between countries.
This is the ninth of a series sponsored jointly by the Social Science Research Council and the Royal Economic Society.
I have greatly benefited from the advice of Solomon Fabricant in preparing this article. I am grateful too to David Teece, who helped organise the data and to Alicia Civitello and Helen Hirschfeld who did most of the statistical work. Christopher Clague and Laszlo Drechsler were helpful with source materials. I wish to thank Mr Drechsler, D. J. Daly, E. Denison, J. Mairesse, F. Nyitrai and members of the Joint Committee of the Royal Economic Society and the Social Science Research Council, especially Professors Champernowne and Reddaway, for their helpful criticisms of earlier drafts.
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© 1977 The Royal Economic Society and the Social Science Research Council
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Kravis, I.B. (1977). A Survey Of International Comparisons Of Productivity. In: Surveys of Applied Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-01863-5_5
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