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

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.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Routledge Library Editions: Business Cycles
Release date:	September 2016
First published:	1994
Authors:	Mark J Lasky
Dimensions:	234 x 156mm (L x W)
Format:	Paperback
Pages:	186
ISBN-13:	978-1-138-88628-5
Categories:	Books > Business & Economics > Industry & industrial studies > Industrial relations & safety > Industrial relations > General
LSN:	1-138-88628-9
Barcode:	9781138886285

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