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In economics, total-factor productivity (TFP), also called multi-factor productivity, is usually measured as the ratio of aggregate output (e.g., GDP) to aggregate inputs. [1] Under some simplifying assumptions about the production technology, growth in TFP becomes the portion of growth in output not explained by growth in traditionally ...
The Statistics Indonesia (Badan Pusat Statistik) derives GRP for a province as the sum of the GRP Nominal originating in all the industries in the province at current prices market. [ 2 ] GRP are the amount of remuneration received by factors of production participating in the production process in a region within a certain period of time ...
Bekasi (Indonesian pronunciation:, Sundanese: ᮘᮨᮊᮞᮤ) is the city with the largest population in the province of West Java, Indonesia, located on the eastern border of Jakarta. It serves as a commuter city within the Greater Jakarta. According to the 2020 Census by Statistics Indonesia (BPS), Bekasi had 2,543,676 inhabitants. [2]
The following list of countries by labour productivity ranks countries by their workforce productivity. Labour productivity can be measured as gross domestic product (GDP) or gross national income (GNI) generated per hour.
The Total Economy Database was developed at the Groningen Growth and Development Centre (GGDC) in the University of Groningen in the Netherlands in the early 1990s. . Starting in the late 1990s, it began to be produced jointly by GGDC and The Conference Board, a nonprofit founded in 1916 that works on the relationship between business and labor in 60 c
The accounting result is obtained by subtracting the weighted growth rates of the inputs from the growth rate of the output. In this case the accounting result is 0.015 which implies a productivity growth by 1.5%. We note that the productivity model reports a 1.4% productivity growth from the same production data.
The Solow residual measures total factor productivity, but the productivity variable is normally attached to the labor variable in the Solow-Swan model to make technological growth labor-augmenting. This type of productivity growth is required mathematically to keep the shares of national income accruing to the factors of production constant ...
Kota Jababeka is an integrated industry-based township development in the town of Cikarang, Bekasi Regency, which is within Greater Jakarta Owned by Kawasan Industri Jababeka (which was originally established to develop the township), it is located 35 km east of Jakarta city center with a land area of about 5,600 hectares.