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Cyclical productivity in U.S. manufacturing için kapak resmi
Başlık:
Cyclical productivity in U.S. manufacturing
Yazar:
Jiménez, Miguel, 1965- author
ISBN:
9781315718149

9781138858275

9781138858299
Fiziksel Tanımlama:
xiii, 179 pages ; 23 cm.
Seri:
Routledge library editions. Business cycles ; 3.
Genel Not:
First published in 1997.
İçerik:
1. Explanations of cyclical productivity growth -- 2. Data -- 3. Estimating markups using productivity measures -- 4. Externalities and the business cycle : a VAR model (written in collaboration with Domenico Marchetti) -- 5. Labor hoarding and effort variations.
Özet:
This work assesses empirically the various explanations for why productivity growth is procyclical. Some theories of business cycles state that productivity movements reflect changes in technology and are the driving force of economic fluctuations. This study investigates whether price-cost margins, externalities, or slow adjustment of the labor market can account for the behavior of productivity growth over the cycle. The application of standard econometric techniques to two different measures of productivity growth in American manufacturing industries, one based on quantities and one based on prices, shows that there is some labor hoarding, which is compatible with either margins or externalities.
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Library
Materyal Türü
Demirbaş
Yer Numarası
Durumu / Lokasyon / İade Tarihi
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Kitap EKOBKN0005606 338.5420973 JIM 2015
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