Three Essays on Productivity (RLE: Business Cycles)
The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity
Published on 27. March 2015
190 pages
978-1-317-50252-4 (ISBN)
Description
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.
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Professional and scholarly
File size
6,02 MB
ISBN-13
978-1-317-50252-4 (9781317502524)
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Schweitzer Classification
Other editions
Additional editions
Mark J. Lasky
Three Essays on Productivity (RLE: Business Cycles)
The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity
Book
09/2016
1st Edition
Routledge
€49.70
Shipment within 10-20 days
Mark J. Lasky
Three Essays on Productivity (RLE: Business Cycles)
The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity
Book
03/2015
1st Edition
Routledge
€83.13
Shipment within 10-20 days
Person
Mark J. Lasky
Content
1. Do Low Profits Stimulate Productivity Growth? 2. Deferred Marginal Cost: An Explanation for High Estimated Markups 3. Simultaneity in Freely Estimated Production Functions.
