[ExI] france again
Stathis Papaioannou
stathisp at gmail.com
Thu May 31 11:37:54 UTC 2007
On 31/05/07, Eugen Leitl <eugen at leitl.org> wrote:
>
> On Thu, May 31, 2007 at 09:42:12AM +0200, Amara Graps wrote:
>
> > Europeans were only slightly less productive than the Americans.
>
> Nobody can tell me they can work at full concentration 12 hours
> straight. The effective work done would be somewhere in 7-8
> hour range. So why spend these unproductive hours at work,
> when one could spend them in a much nicer environment?
The table in the following article suggests that there is not that much
difference between Europe and America, and in fact France beats the US in
productivity per hour worked. Factor in the premium on the US dollar due to
US political might, and there isn't much in it at all.
http://www.cepr.net/documents/publications/energy_2006_12.pdf
--
Stathis Papaioannou
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