Measuring Productivity In Retail Trade And Services

Topics:
Organization
Tags:
Manufacturing,
Retail,
Service,
University Of Rochester
Source:
University of Rochester

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Overview: The measurement of productivity must recognize that the "Output" is a composite bundle of services. These services can be performed by manufacturer, retailer, or consumer. The efficiency in performing these services depends on the prices of complementary inputs [cars, refrigerators, and large houses] as well as the transport and communication infrastructure of the economy. Retail prices are lower in the U.S. due in part to the efficiency of the distributive trades.

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Format: PDF | Size: 253KB | Date: Feb 2006 | Pages: 26

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