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Studies in Profit, Business Saving and Investment in the United Kingdom 1920-1962 - Volume 2 (Hardcover)
Loot Price: R3,504
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Studies in Profit, Business Saving and Investment in the United Kingdom 1920-1962 - Volume 2 (Hardcover)
Series: Routledge Revivals
Expected to ship within 12 - 19 working days
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Originally published in 1968, this second volume of the Glasgow
Studies in Profit, Business Saving and Investment uses the
financial data assembled in Volume 1 to test economic theories of
the factor distribution income, of the appropriation of profit, of
the determinants of investment, and of the return on capital. The
tests enabled the measurement of long-run and short-run variation
of the ratio of profit to employee compensation in the United
Kingdom at the level of individual industries and the whole
industrial sector. As well as measuring the relationship between a
company's sales or profits and its expenditure on fixed assets, the
book describes the long-term decline in the rate of return on
capital in the UK and measures the effect of the intensity of
competition on this return.
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