[lbo-talk] Roach: Productivity in the New Economy

Miles Jackson cqmv at pdx.edu
Sun Nov 30 18:09:10 PST 2003


On Sun, 30 Nov 2003, Michael Perelman wrote:


> But the low wages abroad contribute to the "productivity" attributed to
> Phil Knight.
>

Okay, now I'm getting confused. I thought the outsourced labor could not be a cause of the higher domestic productivity numbers, given what is and is not included in the productivity equation. Can somebody clarify this for a noneconomist?

Miles



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