Productivity: Postwar U.S. economic growth

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Publisher : MIT Press
ISBN 13 : 9780262100496
Total Pages : 476 pages
Book Rating : 4.1/5 (4 download)

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Book Synopsis Productivity: Postwar U.S. economic growth by : Dale Weldeau Jorgenson

Download or read book Productivity: Postwar U.S. economic growth written by Dale Weldeau Jorgenson and published by MIT Press. This book was released on 1995 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: Postwar US Economic Growth traces the outstanding postwarperformance of the US economy to investments in tangible assets and human capital.

Productivity

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (929 download)

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Book Synopsis Productivity by : Dale W. Jorgenson

Download or read book Productivity written by Dale W. Jorgenson and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Growth, Accumulation, and Unproductive Activity

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Publisher : Cambridge University Press
ISBN 13 : 0521251516
Total Pages : 215 pages
Book Rating : 4.5/5 (212 download)

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Book Synopsis Growth, Accumulation, and Unproductive Activity by : Edward N. Wolff

Download or read book Growth, Accumulation, and Unproductive Activity written by Edward N. Wolff and published by Cambridge University Press. This book was released on 1987 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Growth, Accumulation, and Unproductive Activity

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Publisher : Cambridge University Press
ISBN 13 : 9780521034753
Total Pages : 216 pages
Book Rating : 4.0/5 (347 download)

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Book Synopsis Growth, Accumulation, and Unproductive Activity by : Edward N. Wolff

Download or read book Growth, Accumulation, and Unproductive Activity written by Edward N. Wolff and published by Cambridge University Press. This book was released on 2006-12-14 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Postwar Productivity Growth in the United States

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Postwar Productivity Growth in the United States by : Kenneth G. Van Auken

Download or read book Postwar Productivity Growth in the United States written by Kenneth G. Van Auken and published by . This book was released on 1957 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Postwar Productivity Trends in the United States, 1948-1969

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Publisher :
ISBN 13 : 9780870142406
Total Pages : 398 pages
Book Rating : 4.1/5 (424 download)

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Book Synopsis Postwar Productivity Trends in the United States, 1948-1969 by : John W. Kendrick

Download or read book Postwar Productivity Trends in the United States, 1948-1969 written by John W. Kendrick and published by . This book was released on 1973 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Postwar Productivity Growth in the United States

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Publisher :
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Postwar Productivity Growth in the United States by : United States. Bureau of Labor Statistics

Download or read book Postwar Productivity Growth in the United States written by United States. Bureau of Labor Statistics and published by . This book was released on 1957 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Productivity: International comparisons of economic growth

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Publisher : MIT Press
ISBN 13 : 9780262100502
Total Pages : 516 pages
Book Rating : 4.1/5 (5 download)

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Book Synopsis Productivity: International comparisons of economic growth by : Dale Weldeau Jorgenson

Download or read book Productivity: International comparisons of economic growth written by Dale Weldeau Jorgenson and published by MIT Press. This book was released on 1995 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Productivity and U.S. Economic Growth

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Author :
Publisher : Elsevier
ISBN 13 : 1483295877
Total Pages : 576 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Productivity and U.S. Economic Growth by : Dale Jorgenson

Download or read book Productivity and U.S. Economic Growth written by Dale Jorgenson and published by Elsevier. This book was released on 2016-01-26 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1948 and 1979, economic activity in the United States increased almost twice as much as over the entire preceding course of American history. The traditional explanation of this remarkable development emphasizes productivity growth. In the most sophisticated study to date of the factors currently affecting economic growth, the authors of this book show that capital formation is far more important, with the growth of labor resources and productivity a distant second. Their conclusions rest on a far more detailed empirical base than any ever assembled in studies of economic growth. For example, the authors distinguish among 81,600 types of labor input – broken down by age, sex, education, occupation, and industry of employment. Similarly, they disaggregate capital by industry, class of asset, and tax treatment. Their analysis of economic growth is from the ``bottom up'' rather than the ``top down'' approach used in earlier work. The new findings imply that efforts to revive U.S. economic growth must focus on increased supplies of capital and labor inputs. This is the key to more rapid growth and international competition.One of the most important features of the book is the way in which it successfully integrates the theory of producer behavior with the indexing and measurement of production growth. The authors present startling new findings showing that less than one-fourth of overall growth is attributable to advances in productivity.

An Extraordinary Time

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Publisher : Basic Books
ISBN 13 : 0465096565
Total Pages : 337 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis An Extraordinary Time by : Marc Levinson

Download or read book An Extraordinary Time written by Marc Levinson and published by Basic Books. This book was released on 2016-11-08 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The decades after World War II were a golden age across much of the world. It was a time of economic miracles, an era when steady jobs were easy to find and families could see their living standards improving year after year. And then, around 1973, the good times vanished. The world economy slumped badly, then settled into the slow, erratic growth that had been the norm before the war. The result was an era of anxiety, uncertainty, and political extremism that we are still grappling with today. In An Extraordinary Time, acclaimed economic historian Marc Levinson describes how the end of the postwar boom reverberated throughout the global economy, bringing energy shortages, financial crises, soaring unemployment, and a gnawing sense of insecurity. Politicians, suddenly unable to deliver the prosperity of years past, railed haplessly against currency speculators, oil sheikhs, and other forces they could not control. From Sweden to Southern California, citizens grew suspicious of their newly ineffective governments and rebelled against the high taxes needed to support social welfare programs enacted when coffers were flush. Almost everywhere, the pendulum swung to the right, bringing politicians like Margaret Thatcher and Ronald Reagan to power. But their promise that deregulation, privatization, lower tax rates, and smaller government would restore economic security and robust growth proved unfounded. Although the guiding hand of the state could no longer deliver the steady economic performance the public had come to expect, free-market policies were equally unable to do so. The golden age would not come back again. A sweeping reappraisal of the last sixty years of world history, An Extraordinary Time forces us to come to terms with how little control we actually have over the economy.

Productivity, Technology and Economic Growth

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1475731612
Total Pages : 408 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Productivity, Technology and Economic Growth by : Bart van Ark

Download or read book Productivity, Technology and Economic Growth written by Bart van Ark and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Postwar Productivity Growth in the United States

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (221 download)

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Book Synopsis Postwar Productivity Growth in the United States by : United States. Bureau of Labor Statistics. Division of Productivity and Technological Development

Download or read book Postwar Productivity Growth in the United States written by United States. Bureau of Labor Statistics. Division of Productivity and Technological Development and published by . This book was released on 1957 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Productivity and U.S. Economic Growth

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Author :
Publisher : iUniverse
ISBN 13 : 9781583483886
Total Pages : 0 pages
Book Rating : 4.4/5 (838 download)

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Book Synopsis Productivity and U.S. Economic Growth by : Dale Weldeau Jorgenson

Download or read book Productivity and U.S. Economic Growth written by Dale Weldeau Jorgenson and published by iUniverse. This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the level of U.S. per capita output was higher than that of any other industrialized country at the end of World War II, output has increased by more than four times and per capita output has more than doubled. Empirical evidence has shifted the terms of professional debates over the importance of investment and productivity as sources of postwar growth. This volume traces this outstanding growth performance to investments in tangible assets and human capital. The distinctive feature of investment as a source of economic growth is that returns can be internalized by the investor. The most straightforward application of this idea is to investments that create property rights. These include rights to transfer the resulting assets and benefit from the incomes that are generated. This volume broadens the meaning of capital formation to include the investments in education and training. The contributions of these investments to economic growth can be identified from their impacts on labor incomes. After the slowdown in U.S. economic growth that began in 1973 it became apparent that economic research had failed to produce a satisfactory basis for policies to generate growth. This volume provides the starting point for development of a new consensus based on the policies that stimulate and reward investments in tangible assets and human capital. These policies will focus on returns that can be internalized by investors, ending the fruitless search for "spill overs" that can generate growth without providing incentives for capital formation.

The Economic Growth of the United States

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Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Economic Growth of the United States by : Solomon Fabricant

Download or read book The Economic Growth of the United States written by Solomon Fabricant and published by . This book was released on 1979 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Postwar Productivity Trends in the United States, 1948-1969

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Publisher :
ISBN 13 : 9780598172884
Total Pages : 0 pages
Book Rating : 4.1/5 (728 download)

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Book Synopsis Postwar Productivity Trends in the United States, 1948-1969 by : John W. Kendrick

Download or read book Postwar Productivity Trends in the United States, 1948-1969 written by John W. Kendrick and published by . This book was released on 1973 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Falling Rate of Profit in the Postwar United States Economy

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Publisher :
ISBN 13 :
Total Pages : 234 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis The Falling Rate of Profit in the Postwar United States Economy by : Fred Moseley

Download or read book The Falling Rate of Profit in the Postwar United States Economy written by Fred Moseley and published by . This book was released on 1991 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Great Leap Forward

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Publisher : Yale University Press
ISBN 13 : 0300168756
Total Pages : 399 pages
Book Rating : 4.3/5 (1 download)

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Book Synopsis A Great Leap Forward by : Alexander J. Field

Download or read book A Great Leap Forward written by Alexander J. Field and published by Yale University Press. This book was released on 2011-04-26 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This bold re-examination of the history of U.S. economic growth is built around a novel claim, that productive capacity grew dramatically across the Depression years (1929-1941) and that this advance provided the foundation for the economic and military success of the United States during the Second World War as well as for the golden age (1948-1973) that followed.Alexander J. Field takes a fresh look at growth data and concludes that, behind a backdrop of double-digit unemployment, the 1930s actually experienced very high rates of technological and organizational innovation, fueled by the maturing of a privately funded research and development system and the government-funded build-out of the country's surface road infrastructure. This significant new volume in the Yale Series in Economic and Financial History invites new discussion of the causes and consequences of productivity growth over the last century and a half and on our current prospects.