Cyclical productivity in U.S. manufacturing
著者
書誌事項
Cyclical productivity in U.S. manufacturing
（Garland studies on industrial productivity）（A Garland series）
Garland Pub., 1997
大学図書館所蔵 件 / 全12件
-
該当する所蔵館はありません
- すべての絞り込み条件を解除する
注記
Bibliography : p. 151-156
Includes index
内容説明・目次
内容説明
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.
「Nielsen BookData」 より
