Home > Terms > Spanish, Latin American (XL) > productividad

productividad

The relationship between the quantity of inputs (land, labor, tractors, feed, etc.) employed and the quantity of output produced. An increase in productivity means that more outputs can be produced from the same inputs or that the same outputs are produced with fewer inputs. Both single-factor and multifactor indexes are used to measure productivity. Single-factor productivity indexes measure the output per unit of one input at the same time other inputs may be changing. Multifactor productivity indexes consider all productive resources as a whole, netting out the effects of substitution among inputs. Crop yield per acre, output per work hour, and livestock production per breeding animal are all single-factor productivity indicators. The Total Farm Output per Unit of Input Index is a multifactor measure.

0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Violeta Gil
  • 0

    Terms

  • 0

    Blossaries

  • 9

    Followers

Industry/Domain: Sports Category: Basketball

pelota muerta

(basketball term) any ball that is not live; occurs after each successful field goal or free-throw attempt, after any official's whistle or if the ...

Featured blossaries

Asia Cup 2015

Category: Sports   2 10 Terms

Playing RPG Games

Category: Entertainment   1 1 Terms

Browers Terms By Category