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If the model can describe the production function, it is applicable to total productivity measurements.
This example reveals the difficulty to interpret the total productivity change correctly.
This model demonstration reveals the fundamental character of the phenomenon total productivity.
Accordingly, it is possible to measure the total productivity in business which implies absolute consideration of all inputs.
Total productivity is that part of real income change which is caused by the shift of the production function.
The term of partial productivity illustrates well the fact that total productivity is only measured partially - or approximately.
Instead we can identify the differences between MFP model and total productivity model.
Cambridge and Oxford show both high total productivity and high levels of achieving publication in the major journals.
However, as I count the dozens of green pods on the branches I realize that the harvest was a small percentage of its total productivity.
A valid measurement of total productivity necessitates considering all production inputs, and the surplus value calculation is the only calculation to conform to the requirement.
MFP-model reports a productivity change of 3.2% which is more than double compared to the result of the total productivity model, the change of 1.4%.
As a result of these modifications production volume change in the MFP model is 1.119 instead of 1.078 in the total productivity model.
Dundee, Aberdeen and Strathclyde show both low average total productivity, and a smaller proportion of first papers published in highly-ranked journals within the field.
In that case, the objects of measurement are components of total productivity, and interpreted correctly, these components are indicative of productivity development.
As seen from the accounting results the MFP model and the total productivity model report differing accounting results from the same production data.
The combination of volume increase and total productivity decrease leads in this case to the improved performance because we are on the "diminishing returns" area of the production function.
"Over time, we can help the stores focus their assortments more and turn their inventories faster, because that other stuff takes away from their total productivity," Mr. Fleming said.
Also, terrestrial ecosystems are generally more difficult because a substantial proportion of total productivity is shunted to below-ground organs and tissues, where it is logistically difficult to measure.
Net primary productivity can be calculated by a simple formula where the total amount of productivity is adjusted for total productivity losses through maintenance of biological processes:
A reason this is important is because a large part of the nation's total productivity gain in the 1990's was concentrated in the makers, not the users, of computer hardware, software and telecommunications equipment.
In a way, measurements are defective but, by understanding the logic of total productivity, it is possible to interpret correctly the results of partial productivity and to benefit from them in practical situations.
Therefore, rather than calculate the direct cost of Federal worker training and the total productivity gained, the analysis computes the productivity gains net of training costs in the benefit estimate of the standards.
The calculations of total productivity of a nation or an industry are based on the time series of the SNA, System of National Accounts, formulated and developed for half a century.
Thus, the way economists see it, the gain from knocking down barriers is not more total jobs - the Attorney General and her assistant still have just one job each - but greater total productivity and incomes.
Another study by Nucleus Research, an IT research company, concluded that companies that allow Facebook in the workplace lose an average of 1.5 percent in total productivity [source: Nucleus].