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单词 productivity
释义
productivity

Geography
  • The output of an economic activity, in terms of the economic inputs. Fischer et al. (2007) SSRN, illustrate the ‘central link between productivity and knowledge capital’, and Broersmar and van Dijk (2007) J. Econ. Geog. 8 find that investing in highly dense regions increases congestion, thereby reducing productivity. Some argue that social and environmental ‘costs’ must also be considered; see Compassion in World Farming Trust (1999) on factory farming, for example, and the cost of raw materials is also the depletion of finite resources—see Ehui et al. (1990) J. Env. Econ. & Manage. 18, 2. A productivity rating is an estimate of an area’s ability to support plant growth; see Yang et al. (2005) Rev. Agric. Econ. 27, 1 on conservation reserve enhancement.


Economics
  • The amount of output per unit of input achieved by a firm, industry, or country. This may be per unit of a particular factor of production, for example labour employed, or per unit of land in agriculture, or ‘total factor productivity’ may be measured, which involves aggregating the different factors. Productivity is determined by the level of output if returns to scale are not constant.


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