Three Essays on Productivity (RLE: Business Cycles): The Impacts of Profitability, Business Cycles and...

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Mark J. Lasky

Three Essays on Productivity (RLE: Business Cycles)

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

Mark J. Lasky

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English

Routledge
26 September 2016

Economic theory & philosophy; Economic forecasting

Series: Routledge Library Editions: Business Cycles

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: Mark J. Lasky
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 294g
ISBN: 9781138886285
ISBN 10: 1138886289
Series: Routledge Library Editions: Business Cycles
Pages: 190
Publication Date: 26 September 2016
Audience: General/trade , College/higher education , Professional and scholarly , ELT Advanced , Primary
Format: Paperback
Publisher's Status: Active

Mark J. Lasky