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Technologies versus economics on resource productivity

Comments on Nick Florin et al "Resource productivity: four ways Australia can keep the good times rolling", 8/07/2015

Resource productivity is a relatively new term or concept, or at least to many economists, I suppose.

While it may be implied or internalised, the article does not discussion price signals or cost signals reasonably clearly as it perhaps should. Ultimately, the increase in the so called resource productivity must be reflected in economic terms, whether it is through better accounting of externalities associated with low resource productivity, or others.

The concept of resource productivity should be integrated with the framework of the total factor productivity as used in measure productivity by most people concerned.

Not every technology or technique will be adopted and economics is a factor in terms of adoption of technologies and techniques.

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