Research program
National Competitiveness and Productivity Initiative
Productivity measures real output relative to specified inputs, such as hours worked or a combined measure of labor and capital. National competitiveness also depends on the capabilities that allow businesses to maintain quality, respond to customers, replace essential inputs, and invest through changing conditions. This initiative studies those capabilities and the institutions supporting their development, with American production examined in an international setting.
The agenda connects national and industry evidence with the economics of the operating establishment. It asks where a production constraint arises, which investment can remove it, and how a gain at one business relates to suppliers, workers, consumers, and competing firms.