productivity

productivity
The ratio of output to input. Neither element is easy to measure completely or consistently over time; they are often converted into money values. Labour input can be expressed in numbers of workers, total number of hours worked, or wage costs in a given period. Similar choices exist for other factors of production. Outputs may be measured in differing ways, some physical (such as the number of items made), some related to value (such as the sale price or value added). Different measures can produce wide variations in the resulting values for productivity. Typical examples are volume of output per human hour worked or per machine hour; or sales value per dollar labour costs or per dollar invested.

Dictionary of sociology. 2013.

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  • Productivity — in economics refers to measures of output from production processes, per unit of input. Labor productivity, for example, is typically measured as a ratio of output per labor hour, an input. Productivity may be conceived of as a measure of the… …   Wikipedia

  • Productivity — Pro duc*tiv i*ty, n. The quality or state of being productive; productiveness. Emerson. [1913 Webster] Not indeed as the product, but as the producing power, the productivity. Coleridge. [1913 Webster] …   The Collaborative International Dictionary of English

  • productivity — productivity. См. продуктивность. (Источник: «Англо русский толковый словарь генетических терминов». Арефьев В.А., Лисовенко Л.А., Москва: Изд во ВНИРО, 1995 г.) …   Молекулярная биология и генетика. Толковый словарь.

  • productivity — index boom (prosperity), creation, utility (usefulness) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • productivity — 1809, quality of being productive, from PRODUCTIVE (Cf. productive) + ITY (Cf. ity). Economic sense of rate of output per unit is from 1899 …   Etymology dictionary

  • productivity — [n] output, work rate abundance, capacity, fecundity, fertility, mass production, potency, production, productiveness, richness, yield; concept 630 Ant. idleness, unproductivity …   New thesaurus

  • productivity — ► NOUN 1) the state or quality of being productive. 2) the effectiveness of productive effort …   English terms dictionary

  • productivity — pro·duc·tiv·i·ty (prō dŭk tĭvʹĭ tē, prŏd ək ) n. 1. The quality of being productive. 2. Economics. The rate at which goods or services are produced especially output per unit of labor. 3. Ecology. The rate at which radiant energy is used by… …   Universalium

  • productivity — noun ADJECTIVE ▪ high, low ▪ enhanced, greater, improved, increased, maximum ▪ improving, increasing …   Collocations dictionary

  • productivity — The amount of output per unit of input, such as the quantity of a product produced per hour of capital employed. Bloomberg Financial Dictionary * * * productivity pro‧duc‧tiv‧i‧ty [ˌprɒdʌkˈtɪvti, dək ǁ ˌprɑː ] noun [uncountable] MANUFACTURING… …   Financial and business terms

  • Productivity — An economic measure of output per unit of input. Inputs include labor and capital, while output is typically measured in revenues and other GDP components such as business inventories. Productivity measures may be examined collectively (across… …   Investment dictionary

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