Yes, and greatly are the answers. Consider an area of range land suitable for grazing. Without fences, the stock are free to roam, and their grazing is difficult to control. pasture management is essentially absent.
As soon as Fencing is introduced we may manage rotational grazing, which is more productive for the pasture. Additionally, we can reserve some of the gentler land for the difficult seasons of the year. And for when the new born are expected.
In recent times, the arrival of the farm tractor/bulldozer/digger have made for much easier improvements to fencing. All these improvements consume capital, but the productivity improvements in the labour are not to be denied.
the use of little labor and capital to increase agricultural productivity
It can increase its labor productivity by investing in human capital.
Multifactor productivity measures are indicators that take into account the utilization of multiple inputs (e.g., units of output per the sum of labor, capital, and energy or units of output per the sum of labor and materials).
wages will go down because productivity is lower
NO. The labor productivity will rise together with total output. Vice versa
The result was higher capital equipment requirement per worker, vast improvements in labor productivity, and a decline in labor requirements.
the use of little labor and capital to increase agricultural productivity
It can increase its labor productivity by investing in human capital.
It can increase its labor productivity by investing in human capital.
It can increase its labor productivity by investing in human capital.
because labor's or capital's productivity increases and costs of production fall
capital deepening- "An increase in the amount of capital per worker; one source of rising labor productivity" (McEachern, 2009).
Multifactor productivity measures are indicators that take into account the utilization of multiple inputs (e.g., units of output per the sum of labor, capital, and energy or units of output per the sum of labor and materials).
wages will go down because productivity is lower
Norman B. Ture has written: 'Taxing foreign source income' -- subject(s): Corporations, Foreign income, Income tax, Taxation 'Tax policy, capital formation, and productivity' -- subject(s): Labor productivity, Saving and investment, Taxation 'The future of private pension plans' -- subject(s): Pension trusts
Increased productivity results in a higher standard of living as goods and services are produced in greater quantity at the same or lower level of input. The production of goods and services relies upon the use of labor and capital. Increased capital investments for new and more efficient production equipment can increase productivity by requiring a lower level of labor input to produce the same or greater level of goods. Investments in human capital such as education and training can also result in greater productivity as employees become more efficient at their jobs.
Johannes van Biesebroeck has written: 'Exporting raises productivity in sub-saharan African manufacturing plants' -- subject(s): Econometric models, Export marketing, Industrial productivity 'Wages equal productivity, fact or fiction?' -- subject(s): Wages and labor productivity 'Complementarities in automobile production' -- subject(s): Automobile industry and trade 'Cross-country conversion factors for sectoral productivity comparisons' -- subject(s): Capital productivity, Factors of production, Industrial productivity, Labor productivity, Measurement, Statistical methods