eBook - ePub

Three Essays on Productivity (RLE: Business Cycles)

Name: Three Essays on Productivity (RLE: Business Cycles)
ISBN: 9781317502517

The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity

Mark J. Lasky,

186 pages
English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Three Essays on Productivity (RLE: Business Cycles)

The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity

Mark J. Lasky,

About this book

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.

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Yes, you can access Three Essays on Productivity (RLE: Business Cycles) by Mark J. Lasky in PDF and/or ePUB format, as well as other popular books in Economics & Business General. We have over one million books available in our catalogue for you to explore.