The Mystery of productivity

Anum Shoaib Abbasi
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Anum Shoaib Abbasi: M.Phil Economics, Quaid-i-Azam, University, Islamabad.

No 2022:96, PIDE Webinar Brief from Pakistan Institute of Development Economics

Abstract: The level of productivity is the foundational factor in determining the standard of living. Increasing productivity could allow people to get more in a short time efficiently. The supply arises with the productivity resulting in decreased real prices, lower unemployment, and increasing real wages. However, productivity needs a technological push to get into its form while this technological push needs lower consumption and higher savings and investments that could help in increasing productivity.

Pages: 3 pages
Date: 2022
New Economics Papers: this item is included in nep-eff
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