From: GERALD LEVY (gerald_a_levy@msn.com)
Date: Tue Jun 03 2008 - 08:29:43 EDT
> michael perelman wrote:> > anybody with an ounce of sense would be puzzled by the concept of > > productivity.{DZ asked:} > Perhaps I missed something here. In terms of physical output of good i > per unit of labour, what is puzzling about the concept of labor > productivity here? Hi Dave: There are multiple puzzles such as how to unambiguously define and measure the units of physical output and how to unambiguously define a 'unit of labor'. Where there are heterogeneous types of output, eg. in the case of joint production, this can be difficult. For instance, consider the following real-life example: an individual auto assembly plant makes four different models of cars each with a variety of options and hence can not be considered to be homogeneous units of output (NB: this is reflected in the price of the cars but there is also a big 'mark-up' for options). Then, there is an issue associated with the 'physical' nature of the output. E.g. suppose a book publisher makes an e-book available for downloading. What is the 'output'? Is it simply one e-copy which can be downloaded or is it the total number of copies downloaded using the time and computers of the recipient? A 'unit of labor' also presents measurement problems, e.g. in the case of heterogeneous labor. It's also possible that various kinds of non-productive activities can be counted as 'units of labor'. In solidarity, Jerry _______________________________________________ ope mailing list ope@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/ope
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