Productivity of inputs is an important determinant of the competitiveness of firms in national and international markets. Productivity growth arises from deliberate decisions to innovate but the technological opportunities could be such that different inputs would have different rates of growth. Previous literature has mostly concentrated on labor productivity but empirical studies indicate that productivity of capital is also increasing. One of the objectives of this book is to examine the difference or bias in the productivity growth of the two inputs.
In this book, application of this general approach to study of biased technical change is developed and new empirical results presented for both macroeconomies and microeconomic firms.
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Productivity of inputs is an important determinant of the competitiveness of firms in national and international markets. Productivity growth arises from deliberate decisions to innovate but the technological opportunities could be such that different inputs would have different rates of growth. Previous literature has mostly concentrated on labor productivity but empirical studies indicate that productivity of capital is also increasing. One of the objectives of this book is to examine the difference or bias in the productivity growth of the two inputs.
In this book, application of this general approach to study of biased technical change is developed and new empirical results presented for both macroeconomies and microeconomic firms.
Imprint | Springer-Verlag New York |
Country of origin | United States |
Series | Research Monographs in Japan-U.S. Business and Economics, 9 |
Release date | November 2010 |
Availability | Expected to ship within 10 - 15 working days |
First published | 2006 |
Authors | Ryuzo Sato |
Dimensions | 235 x 155 x 13mm (L x W x T) |
Format | Paperback |
Pages | 230 |
Edition | Softcover reprint of hardcover 1st ed. 2006 |
ISBN-13 | 978-1-4419-3859-6 |
Barcode | 9781441938596 |
Categories | |
LSN | 1-4419-3859-1 |