(2010) “Exchange rate regimes and capital mobility: how much of the Swoboda thesis survives?” in Charles Wyplosz (ed) “The New International Monetary System” Routledge. Eichengreen, B. (2011), Exorbitant Privilege – The Decline of the Dollar and the Future of the International Monetary System, Oxford University Press, January.
When measuring productivity, economists often prefer to use a measure called total factor productivity, which includes all these inputs—capital, labour, innovation, and know-how. In practice, however, it is very difficult to measure total factor productivity. That's why analysts usually focus on the more commonly used and better-understood measure, labour productivity.