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Three Essays on Productivity (RLE: Business Cycles)

The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity

Mark J. Lasky

$101

Hardback

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English
Routledge
23 March 2015
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.
By:  
Imprint:   Routledge
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm,  Spine: 17mm
Weight:   408g
ISBN:   9781138861077
ISBN 10:   1138861073
Series:   Routledge Library Editions: Business Cycles
Pages:   186
Publication Date:  
Audience:   General/trade ,  College/higher education ,  Professional and scholarly ,  ELT Advanced ,  Primary
Format:   Hardback
Publisher's Status:   Active

Mark J. Lasky

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