Abstract
Economic growth and competitiveness is highly dependent on productivity. One of the most commonly used measures of productivity is Gross Domestic Product (GDP) per hour worked. According to the US Bureau of Labor Statistics, the US ranked third in labor productivity worldwide in 2011 (Fig. 3.1) and similarly in GDP per capita (Fig. 3.2), a basic indicator of a country’s economic vitality.
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Notes
- 1.
OECD (2008), 11.
- 2.
US Bureau of Labor Statistics, Division of International Labor Comparisons. http://www.bls.gov/ilc/intl_gdp_capita_gdp_hour.htm#chart03
- 3.
IBID.
- 4.
- 5.
- 6.
- 7.
- 8.
- 9.
- 10.
Miles and Scott (2005), p. 49.
- 11.
- 12.
Miles and Scott (2005), p. 96.
- 13.
Perry (2010).
- 14.
Nothaft and Michel (2010).
- 15.
Nothaft and Michel (2010).
- 16.
Why $10 M IPO’s matter, http://www.urgentspeed.com, 2010.
- 17.
Weild and Kim (2010).
- 18.
Quoting from US Bureau of Labor Statistics data.
- 19.
Weitekamp and Pruitt (2010).
- 20.
Abdih and Joutz (2005).
- 21.
According to Levensohn (2010).
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Gross, C.M. (2013). Intellectual Capital: The World’s Fastest Growing Asset Class . In: Too Good To Fail. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-319-00281-1_3
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