The authors find that when subsidies are given to competitive sectors and distributed in a way that maintains or increases the level of competition within the industry, then the net impact of these subsidies on productivity, productivity growth over time and also the share of new products in total sales (which is a measure of how innovative a firm is being) is positive.

ECONOMIST: Economics focus

Yet putting net worth first also puts real limits on our productivity.

FORBES: In Our Fear-Based Economy, Fiscal Cliff Talks Obsess Over Income, Ignore Net Worth

"The combination of good execution at the point of sale, superior net revenue and margin management, and cost and productivity initiatives has enabled us to effectively manage through a challenging set of global business conditions, " said Chief Executive EricFossEric Foss of Pepsi Bottling.

FORBES: Magazine Article

"The combination of good execution at the point of sale, superior net revenue and margin management, and cost and productivity initiatives has enabled us to effectively manage through a challenging set of global business conditions, " said Chief Executive Eric Foss of Pepsi Bottling.

FORBES: Bottler has neither good nor bad news for the quarter.