total factor productivity

简明释义

总要素生产率

英英释义

Total factor productivity (TFP) measures the efficiency and effectiveness with which all inputs are used in the production process, reflecting the overall productivity of an economy or a firm.

全要素生产率(TFP)衡量在生产过程中所有投入的使用效率和有效性,反映一个经济体或企业的整体生产力。

例句

1.Government policies aimed at improving education can enhance total factor productivity across the economy.

旨在改善教育的政府政策可以提高整个经济的总要素生产率。

2.The increase in total factor productivity has been a key driver of economic growth in many countries.

总要素生产率的提高是许多国家经济增长的关键驱动力。

3.Investing in technology can significantly boost total factor productivity in manufacturing sectors.

投资技术可以显著提升制造业的总要素生产率。

4.Researchers often analyze total factor productivity to understand the efficiency of different industries.

研究人员常常分析总要素生产率,以理解不同行业的效率。

5.A decline in total factor productivity may indicate that resources are not being utilized effectively.

总要素生产率的下降可能表明资源未得到有效利用。

作文

Total factor productivity (TFP) is a crucial concept in economics that measures the efficiency of all inputs used in the production process. It is defined as the ratio of total output to the total input, where total output refers to the goods and services produced, and total input includes labor, capital, and any other resources utilized in the production. Understanding total factor productivity (全要素生产率) is essential for economists and policymakers as it provides insights into how well an economy is utilizing its resources to produce goods and services.One of the primary reasons why total factor productivity (全要素生产率) is significant is that it helps to explain differences in economic growth rates between countries. For instance, two countries may have similar levels of capital and labor but can experience vastly different growth outcomes due to variations in their total factor productivity (全要素生产率). This variation can be attributed to factors such as technology, innovation, management practices, and the overall efficiency of the production process.Moreover, total factor productivity (全要素生产率) is not just about the quantity of inputs used but also about how effectively these inputs are transformed into outputs. A higher TFP indicates that a country or firm is producing more with the same amount of resources, which is a sign of economic health and competitiveness. For example, advancements in technology can lead to significant improvements in total factor productivity (全要素生产率) by allowing firms to produce more efficiently, thus reducing costs and increasing profitability.In addition to technological advancements, human capital plays a vital role in enhancing total factor productivity (全要素生产率). A skilled and educated workforce can contribute to higher productivity levels as employees are better equipped to innovate and improve processes. Countries that invest in education and training tend to see positive effects on their total factor productivity (全要素生产率), as a more knowledgeable workforce can adapt to new technologies and methods more quickly.Furthermore, government policies and institutions significantly impact total factor productivity (全要素生产率). Stable political environments, strong property rights, and efficient regulatory frameworks create conditions conducive to business operations and innovation. When businesses feel secure, they are more likely to invest in new technologies and processes that enhance their total factor productivity (全要素生产率). Conversely, high levels of corruption or bureaucratic inefficiencies can stifle innovation and reduce productivity.In conclusion, understanding total factor productivity (全要素生产率) is vital for grasping the complexities of economic growth and development. It serves as a key indicator of how effectively resources are utilized in the production process. By focusing on improving TFP through technological advancements, investing in human capital, and fostering a supportive policy environment, countries can enhance their economic performance and achieve sustainable growth. As we move forward in an increasingly competitive global economy, the importance of total factor productivity (全要素生产率) will only continue to grow, making it a fundamental concept for anyone interested in economics and development.

全要素生产率(TFP)是经济学中的一个关键概念,用于衡量生产过程中所有投入的效率。它被定义为总产出与总投入的比率,其中总产出指的是所生产的商品和服务,而总投入则包括劳动力、资本和在生产中使用的任何其他资源。理解全要素生产率total factor productivity)对经济学家和政策制定者至关重要,因为它提供了有关一个经济体如何有效利用其资源来生产商品和服务的见解。全要素生产率total factor productivity)重要的主要原因之一是,它有助于解释不同国家之间经济增长率的差异。例如,两个国家可能在资本和劳动力方面具有相似的水平,但由于全要素生产率total factor productivity)的差异,它们的增长结果可能截然不同。这种差异可以归因于技术、创新、管理实践和生产过程整体效率等因素。此外,全要素生产率total factor productivity)不仅仅是关于使用的投入数量,还涉及这些投入如何有效地转化为产出。较高的TFP表明一个国家或企业在使用相同数量的资源的情况下生产更多,这是经济健康和竞争力的标志。例如,技术的进步可以通过使企业更高效地生产,从而降低成本并增加盈利能力,显著提高全要素生产率total factor productivity)。除了技术进步,人力资本在提高全要素生产率total factor productivity)方面也发挥着重要作用。一支技术熟练且受过教育的劳动力可以为更高的生产率水平做出贡献,因为员工更有能力进行创新和改善流程。那些在教育和培训上投资的国家往往会看到其全要素生产率total factor productivity)的积极效果,因为更有知识的劳动力能够更快适应新技术和方法。此外,政府政策和制度对全要素生产率total factor productivity)有着重要影响。稳定的政治环境、强有力的产权保护和高效的监管框架为商业运作和创新创造了有利条件。当企业感到安全时,它们更有可能投资于提升其全要素生产率total factor productivity)的新技术和流程。相反,高水平的腐败或官僚低效可能会抑制创新并降低生产率。总之,理解全要素生产率total factor productivity)对于掌握经济增长和发展的复杂性至关重要。它作为衡量资源在生产过程中如何有效利用的关键指标。通过关注通过技术进步、人力资本投资和营造支持性政策环境来提高TFP,各国可以增强其经济表现,实现可持续增长。随着我们在日益竞争激烈的全球经济中前进,全要素生产率total factor productivity)的重要性只会继续增长,使其成为任何对经济学和发展感兴趣的人的基本概念。

相关单词

factor

factor详解:怎么读、什么意思、用法

productivity

productivity详解:怎么读、什么意思、用法