The Organization for Economic Co-operation and Development (OECD) measures the productivity of its member countries as GDP

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The Organization for Economic Co-operation and Development (OECD) measures the productivity of its member countries as GDP per hour worked. The highest productivities reported in 2007 were in Luxemburg and Norway, and the lowest were in Poland and Mexico. easured in U.S. dollars, highest productivities were nearly four times the lowest productivities. What factors might account for these productivity differences?
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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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