Three Essays on Productivity (RLE: Business Cycles)
Regular price
€63.99
14 days return policy
Shipping & Delivery
A01=Mark J. Lasky
Actual Labor Hours
annual
AR2 Correction
Author_Mark J. Lasky
Average Markups
Bankruptcy Decision
Bankruptcy Model
Capital's Coefficient
Capital’s Coefficient
Category=KCA
Category=KCJ
Cobb Douglas Production Function
Cyclical Profits
data
economic standard of living
Effective Hours
Effort Debt
empirical economics
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
error
GNP Deflator
growth
hours
labor
Labor Hours
Labor Productivity Growth
labour productivity growth
Lagged Profits
M2 Money Supply
macroeconomic analysis
manufacturing
marginal cost estimation
Markup Estimate
Minimum Efficient Scale
Multifactor Productivity
Non-price Competition
production function modelling
productivity growth determinants
Profits Coefficients
quarterly
real
Real Business Cycle Model
Real GNP
Relative Input Prices
standard
UAW Leader
West Germany
Product details
- ISBN 9781138861077
- Weight: 408g
- Dimensions: 156 x 234mm
- Publication Date: 23 Mar 2015
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
Secure
checkout
Fast Shipping
Easy returns
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.
