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| Author | : Dale Weldeau Jorgenson |
| Publisher | : MIT Press |
| Total Pages | : 476 |
| Release | : 1995 |
| Genre | : Business & Economics |
| ISBN | : 9780262100496 |
Postwar US Economic Growth traces the outstanding postwarperformance of the US economy to investments in tangible assets and human capital.
| Author | : Dale W. Jorgenson |
| Publisher | : |
| Total Pages | : |
| Release | : 1996 |
| Genre | : |
| ISBN | : |
| Author | : Edward N. Wolff |
| Publisher | : Cambridge University Press |
| Total Pages | : 216 |
| Release | : 2006-12-14 |
| Genre | : Business & Economics |
| ISBN | : 9780521034753 |
This book documents the growth of unproductive activity in the United States economy since World War II and its relation to the economic surplus, capital accumulation, and economic growth. Unproductive activities broadly consist of those involved in the circulation process, including wholesaling and retailing, banking and financial services, advertising, legal services, business services and many (though not all) government activities. The results indicate that the level of unproductive activity in the postwar economy has been a significant factor in the slowdown in the rate of capital accumulation, productivity growth and the overall growth rate. Here, the villain is shown to be the gradual but persistent shift of resources to unproductive activities. The consequence has been a reduction in new capital formation and productivity growth and an erosion in the rate of growth in per capita living standards. Moreover, the rise in unproductive activity is itself seen to be rooted in the logic of advanced capitalism. The forces of competition, which in the early stages of capitalism lead to rapid technical change and productivity growth, promote non-productive and even counterproductive activities in its more advanced stages.
| Author | : Edward N. Wolff |
| Publisher | : Cambridge University Press |
| Total Pages | : 215 |
| Release | : 1987 |
| Genre | : Business & Economics |
| ISBN | : 0521251516 |
Reveals that the high level of unproductivity in the U.S. economy since World War II has been a significant factor in the slowdown of growth in the rate of capital accumulation, productivity growth, and the overall growth rate. Attributes the negative tendency to the gradual but persistent shift of resources to unproductive activities.
| Author | : Kenneth G. Van Auken |
| Publisher | : |
| Total Pages | : 72 |
| Release | : 1957 |
| Genre | : Labor productivity |
| ISBN | : |
| Author | : John W. Kendrick |
| Publisher | : |
| Total Pages | : 398 |
| Release | : 1973 |
| Genre | : Business & Economics |
| ISBN | : 9780870142406 |
Input output analysis of national and sectoral productivity trends in the USA for the period 1948 to 1969 - includes a detailed description of the data sources and methodology, and covers the industrial sector, the agricultural sector, the public sector and the private sector. References and statistical tables.
| Author | : United States. Bureau of Labor Statistics |
| Publisher | : |
| Total Pages | : 80 |
| Release | : 1957 |
| Genre | : Industrial statistics |
| ISBN | : |
| Author | : Dale Weldeau Jorgenson |
| Publisher | : MIT Press |
| Total Pages | : 516 |
| Release | : 1995 |
| Genre | : Business & Economics |
| ISBN | : 9780262100502 |
These two volumes present empirical studies that have permanently altered professional debates over investment and productivity as sources of postwar economic growth in industrialized countries. The distinctive feature of investment is that returns can be internalized by the investor. The most straightforward application of this idea is to investments that create property rights, but these volumes broaden the meaning of capital formation to include investments in education and training. International Comparisons of Economic Growth focuses on comparisons among industrialized countries. Although Germany and Japan are often portrayed as economic adversaries of the U.S., postwar experiences in all three countries support policies that give high priority to stimulating and rewarding capital formation. In the Asian model of growth exemplified by Japan investments in tangible assets and human capital are especially critical during periods of rapid growth.
| Author | : United States. Bureau of Labor Statistics. Division of Productivity and Technological Development |
| Publisher | : |
| Total Pages | : 72 |
| Release | : 1957 |
| Genre | : Labor productivity |
| ISBN | : |
| Author | : Bart van Ark |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 408 |
| Release | : 2013-03-09 |
| Genre | : Business & Economics |
| ISBN | : 1475731612 |
Productivity, Technology and Economic Growth presents a selection of recent research advances on long term economic growth. While the contributions stem from both economic history, macro- and microeconomics and the economics of innovation, all papers depart from a common viewpoint: the key factor behind long term growth is productivity, and the latter is primarily driven by technological change. Most contributions show implicitly or explicitly that technological change is at least partly dependent on growth itself. Furthermore, technology appears to interact strongly with investment in physical and human capital as well as with changes in historical, political and institutional settings. Together these papers are an up-to-date account of the remarkable convergence in theoretical and empirical work on productivity and growth over the past decades. The first part deals with the characteristics of growth regimes over longer periods, ranging from 20 years to two centuries. The next four chapters study the determinants of productivity growth and, in some cases, productivity slowdown during the last quarter of the twentieth century. The final five chapters focus on the role of technology and innovation as the key determinants of growth. Productivity, Technology and Economic Growth is, therefore, a welcome collection for academic scholars and graduate students in economics, history and related social sciences as well as for policy makers.
