Biased Technical Change and Economic Conservation Laws

by Ryuzo Sato

Book Overview

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...

• Format: Paperback
• Language: English
• ISBN: 1441938591
• ISBN13: 9781441938596
• Release Date: November 2010
• Publisher: Springer
• Length: 230 Pages
• Weight: 0.76 lbs.
• Dimensions: 0.5" x 6.1" x 9.2"