Three Essays on Productivity (RLE: Business Cycles): The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity: 4 (Routledge Library Editions: Business Cycles) - Hardcover

Lasky, Mark J.

 
9781138861077: Three Essays on Productivity (RLE: Business Cycles): The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity: 4 (Routledge Library Editions: Business Cycles)
Hardcover
ISBN 10: 1138861073 ISBN 13: 9781138861077
Publisher: Routledge, 2015

Synopsis

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.

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About the Author

Mark J. Lasky

"About this title" may belong to another edition of this title.

Publisher
Routledge
Publication date
2015
Language
English
ISBN 10 
1138861073
ISBN 13 
9781138861077
Binding
Hardcover
Edition number
1
Number of pages
190

Other Popular Editions of the Same Title

9781138886285: Three Essays on Productivity (RLE: Business Cycles): The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity (Routledge Library Editions: Business Cycles)

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ISBN 10:  1138886289 ISBN 13:  9781138886285
Publisher: Routledge, 2016
Softcover