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Data 624 HW 2
Labor Productivity Analysis Over Years
Global Productivity: Trends, Drivers, and Policies The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide-range of policies needed to rekindle productivity growth. The book also provides a far-reaching dataset of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies and introduces a new sectoral database of productivity. Labor productivity Real: Economic indicator that measures how much output is produced per unit of labor by dividing real output by hours worked. Labor productivity PPP: Economic indicator that measures the output per unit of labor, adjusted for PPP (purchasing power parity).
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