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Well, that's a very inadequate productivity metric imho. How can two people with exactly the same output (say two doctors working a shift with similar number o
by epolanski 3y ago
Well, that's a very inadequate productivity metric imho.
How can two people with exactly the same output (say two doctors working a shift with similar number of patience) lead one to be 20 times more productive because one bills $400 per hour and the other makes that number in a week (such as in say Turkey).
That's a 40x difference in productivity.
- NeutralForest 3y agoYou would usually use Purchasing Power Parity (PPP) such that comparison between countries is possible, because as you pointed, comparisons in absolute values between countries are not useful.