October 15, 2017

October 15, 2017 by yorksranter 2 comments

Demand-determined productivity

A quick thought after this twitter conversation: Important point: if your product is information, your productivity is definitionally proportional to demand https://t.co/oulNUf2oNS — Alex Harrowell (@yorksranter) October 15, 2017 There is quite a large set of firms for which productivity is fundamentally demand-driven. This is a distinct point from Verdoorn’s law, the argument that productivity…

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