Items related to Three Essays on Productivity (RLE: Business Cycles):...

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

Lasky, Mark J.

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

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
2016
Language
English
ISBN 10 
1138886289
ISBN 13 
9781138886285
Binding
Paperback
Edition number
1
Number of pages
190