Three Essays on Productivity (RLE: Business Cycles): The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity - Routledge Library Editions: Business Cycles - Mark J. Lasky - Libros - Taylor & Francis Ltd - 9781138861077 - 23 de marzo de 2015
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Three Essays on Productivity (RLE: Business Cycles): The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity - Routledge Library Editions: Business Cycles 1.º edición

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The behaviour of US productivity since this book was originally publishedin 1994, has added new relevance to the relationship between profits and productivity. In the long run, productivity growth determines the economic standard of living. This book is divided into three parts: the basis of the first is the empirical finding that, controlling for normal business cycle effects, productivity grows faster when profits have been low than otherwise. The second part discusses how to measure marginal cost using time series data and the third tests a basic assumption that productivity growth is exogenous to labour and capital.


186 pages

Medios de comunicación Libros     Hardcover Book   (Libro con lomo y cubierta duros)
Publicado 23 de marzo de 2015
ISBN13 9781138861077
Editores Taylor & Francis Ltd
Páginas 186
Dimensiones 431 × 242 × 17 mm   ·   424 g
Lengua Inglés  

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