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Three Essays on Productivity - Hardcover

SKU 131722300522CBS0EC18
UPC: 9781138861077

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Original price €70.44
Original price €70.44 - Original price €70.44
Original price €70.44
Current price €52.83
€52.83 - €52.83
Current price €52.83
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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Product Condition Class: RECERTIFIED LIKE NEW - Product is "like new" condition with minor to no signs of wear. Product has been professionally inspected and cleaned to meet manufacturer specifications. Original packaging may be opened. Original packaging may be damaged. The product may be in an alternative packing. Product is recertified by bronershop and your purchase is protected by our return and warranty policy unless otherwise specified. Please see product pictures and condition details. (CB)

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