Three Essays on Productivity (RLE: Business Cycles) PDF Download
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Author: Mark J. Lasky
Publisher: Routledge
ISBN: 1317502515
Category : Business & Economics
Languages : en
Pages : 157
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Book 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.
Author: Mark J. Lasky
Publisher: Routledge
ISBN: 1317502515
Category : Business & Economics
Languages : en
Pages : 157
Get Book Here
Book 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.
Author: Ping Hsuan Fung
Publisher:
ISBN:
Category :
Languages : en
Pages : 296
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Book Description
Author: Namhoon Kwon
Publisher:
ISBN:
Category :
Languages : en
Pages : 288
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Book Description
Author: Feng Liang
Publisher:
ISBN:
Category :
Languages : en
Pages : 284
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Book Description
Author: Martin Shubik
Publisher: MIT Press
ISBN: 9780262693110
Category : Business & Economics
Languages : en
Pages : 472
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Book Description
This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Author: William Martín Tracy
Publisher:
ISBN:
Category : Economics, Mathematical
Languages : en
Pages : 320
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Book Description
Author: Jean-Paul Fitoussi
Publisher: Springer
ISBN: 1349239534
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
Growth patterns have changed radically over the last two decades, to which capital and the labour markets appear to have failed to adapt. Unemployment in Europe has been growing, almost without remission, to levels unseen since the Great Depression. These facts are somewhat at odds with the development of growth theory which has mainly been orientated towards an equilibrium full employment framework. The main message of equilibrium theory of fluctuations was precisely that the policy maker is impotent. Now, with the universal acceptance of endogenous growth theory, the common concensus proposition would be `we are all neo-classical for the short run and Keynesian for the long run' (investment being too important for growth to be left entirely in private hands).
Author: Domenico Marchetti
Publisher: Taylor & Francis
ISBN: 9780815327226
Category : Business & Economics
Languages : en
Pages : 108
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Book Description
Three essays on the ways in which business cycles affect productivity review and criticize previous research, propose an dynamic model using gross output data, and provide a decomposition of industrial productivity growth in Polish manufacturing 1992-93 indicating the importance of structural effects. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Achim Gutowski
Publisher:
ISBN: 3643961731
Category : Economic development
Languages : en
Pages : 582
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Book Description
Author: Hashim S.H. Behbehani
Publisher: Routledge
ISBN: 1000156168
Category : Business & Economics
Languages : en
Pages : 354
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Book Description
China’s foreign policy in the Arab world is important because it reflects China’s general foreign policy. In this study, first published in 1981, the author draws upon a wealth of previously unpublished and inaccessible material to analyse Chinese attitudes in three cases: the two Arab liberation movements, the Palestine Resistance Movement and the Popular Front for the Liberation of the Oman, and the established and independent State of Kuwait. Since the Arab liberation movements played a significant political role within their fields of operation, it was necessary for China to decide whether these movements did actually fit in with Chinese foreign policy objectives. Dr Behbehani’s analysis of these two case studies provides the basis for a discussion of whether China’s motives in supporting the liberation movements are theoretical or purely practical. China’s support for Kuwait’s political internal continuity is related to the stability of the whole Gulf region. The author analyses Chinese support for Kuwait and the surrounding conservative states on two main bases, political and economic, in the form of trade. It is through these channels, particularly the economic one, that China has sought to establish itself in the Gulf and the Arabian peninsula.
