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 - 9781138886285 - 26 de septiembre de 2016
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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.


190 pages

Medios de comunicación Libros     Paperback Book   (Libro con tapa blanda y lomo encolado)
Publicado 26 de septiembre de 2016
ISBN13 9781138886285
Editores Taylor & Francis Ltd
Páginas 190
Dimensiones 150 × 220 × 10 mm   ·   294 g
Lengua Inglés  

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