1st Edition
Three Essays on Productivity (RLE: Business Cycles) The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity
By Mark J. Lasky
Copyright 1994
190 Pages
by
Routledge
190 Pages
by
Routledge
190 Pages
by
Routledge
Also available as eBook on:
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... Read more
1. Do Low Profits Stimulate Productivity Growth? 2. Deferred Marginal Cost: An Explanation for High Estimated Markups 3. Simultaneity in Freely Estimated Production Functions.
Biography
Mark J. Lasky
