Three essays on productivity : the impacts of profitability, business cycles and the capital stock on productivity / Mark J. Lasky.
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 fir...
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| Online Access: |
Full Text (via Taylor & Francis) |
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| Main Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
London :
Routledge,
2015.
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| Series: | Routledge library editions. Business cycles ;
v. 4. |
| Subjects: |
| Summary: | 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 exoge. |
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| Physical Description: | 1 online resource. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781317502524 1317502523 9781317502517 1317502515 9781317502500 1317502507 9781315714943 1315714949 9781315713601 1315713608 1138861073 9781138861077 9781138886285 1138886289 |
| Source of Description, Etc. Note: | Vendor-supplied metadata. |