Measurement Issues and Behavior of Productivity Variables
Measurement Issues and Behavior of Productivity Variables

Author: Ali Dogramaci

Publisher: Springer Science & Business Media

Published: 2013-04-17

Total Pages: 269

ISBN-13: 9401568677

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This book presents a set of papers from the leading edge of current research on productivity analysis. The focus is on alternative forms of measurement, methods, and their implications. The book begins with a chapter by V. Corbo and J. de Melo comparing the effects of using different production frontier models for measuring technical efficiency when using census data. The second chapter (by H. Pesaran and R. Tarling) is a detailed analysi·s of measurement of labor and its variations over time. The next two chapters concern the measurement of capital. The first of these is written by M. F. Mohr; the second is by B. M. Fraumeni and D. W. Jorgenson. The final chapter is by I. B. Kravis, A. W. Heston, and R. Summers and concerns the behavior of productivity and service prices. Decisions for improving productivity rely upon explicit as well as implicit assumptions on how productivity is related to a variety of factors. Determining the right relationships hinges on how these factors are measured and how the models are set. This is why better understanding of measurement issues and behavior of variables related to productivity can lead more effective policies. We plan to continue in this series to present the current research of major different schools of thought in the field.

Productivity Growth and the Competitiveness of the American Economy
Productivity Growth and the Competitiveness of the American Economy

Author: Stanley W. Black

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 164

ISBN-13: 9400924941

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swollen with deutschemarks and yen newly created to purchase unwanted dollars from the markets. When the Bundesbank and the Bank of Japan began to raise their interest rates to slow domestic monetary expansion, the fabric of international monetary cooperation began to unravel. Amid charge and counter-charge by disgruntled fmance ministers, the dollar dropped further and interest rates jumped upward, leading to panic in the stock market on Black Monday. Fortunately, a steady hand and generous supply of credit from the Federal Reserve System prevented massive bankruptcies among Wall Street brokerage houses and a collapse of the credit system. But the world-wide reverberations of the Wall Street crash exposed the underlying weaknesses of an economy based on foreign borrowing for all to see. Furthermore, the banking system is saddled with mountains of bad debts from the Third World and depressed parts of the American economy. A new Administration entering office in 1989 must deal with these problems, among others. Businesses and state and local governments need to know whether to focus their efforts on tax policy, investment, and improvements in education and worker training, or lobbying for protection from imports. The papers in this volume were chosen to explain the causes of present competitive problems in American industry and the factors that can lead to their gradual solution.

CAD/CAM/CAE Systems
CAD/CAM/CAE Systems

Author: Mark E. Coticchia

Publisher: CRC Press

Published: 1993-04-28

Total Pages: 476

ISBN-13: 9780824789619

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This new edition has been thoroughly updated and expanded to reflect the state-of-the-practice of CAD/CAM/CAE systems.;Maintaining and enhancing the style of presentation of the first edition, CAD/CAM/CAE Systems (second edition) aims to provide a broad, solid understanding of each critical issue involved with the implementation and evaluation of systems; gives industry tested cost justification models to assess the feasibility of purchasing or leasing a system; supplies step-by-step explanations of every aspect of implementation, from initial facility planning to long-term maintenance; shows how to prepare personnel for a new system, including job skills, training stages, organization, and adminstration; illustrates a complete system audit, including five important approaches to determining overall success, six areas that can be judged separately, the dangers of benchmarking, and a two-year follow-up study; and more.;Furnishing the most up-to-date methods, CAD/CAM/CAE Systems, Second edition offers new features such as: a study of the proliferation of personal computers and their role in organizations; a discussion of the benefits and drawbacks of value added remarketers as an alternative to purchasing from conventional CAD/CAM companies; an examination of the cost-effectiveness of third party service organizations; and more. CAD/CAM/CAE Systems is intended as a guide for software, hardware, mechanical, manufacturing, industrial, and design engineers; draftspersons; managers; purchasing agents, acquisition personnel, and company officers responsible for deciding on CAD/CAM/CAE system implementation or augmentation; and graduate-level and continuing-education students in these disciplines.

Productivity: International comparisons of economic growth
Productivity: International comparisons of economic growth

Author: Dale Weldeau Jorgenson

Publisher: MIT Press

Published: 1995

Total Pages: 516

ISBN-13: 9780262100502

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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: Postwar U.S. economic growth
Productivity: Postwar U.S. economic growth

Author: Dale Weldeau Jorgenson

Publisher: MIT Press

Published: 1995

Total Pages: 476

ISBN-13: 9780262100496

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Postwar US Economic Growth traces the outstanding postwarperformance of the US economy to investments in tangible assets and human capital.

Econometrics: Econometric modeling of producer behavior
Econometrics: Econometric modeling of producer behavior

Author: Dale Weldeau Jorgenson

Publisher: MIT Press

Published: 2000

Total Pages: 594

ISBN-13: 9780262100823

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This volume summarizes the economic theory, the econometric methodology and the empirical findings resulting from the new approach to econometric modelling of producer behaviour.

The Measurement of Saving, Investment, and Wealth
The Measurement of Saving, Investment, and Wealth

Author: Robert E. Lipsey

Publisher: University of Chicago Press

Published: 2008-04-15

Total Pages: 876

ISBN-13: 0226484718

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There is probably no concept other than saving for which U.S. official agencies issue annual estimates that differ by more than a third, as they have done for net household saving, or for which reputable scholars claim that the correct measure is close to ten times the officially published one. Yet despite agreement among economists and policymakers on the importance of this measure, huge inconsistencies persist. Contributors to this volume investigate ways to improve aggregate and sectoral saving and investment estimates and analyze microdata from recent household wealth surveys. They provide analyses of National Income and Product Account (NIPA) and Flow-of-Funds measures and of saving and survey-based wealth estimates. Conceptual and methodological questions are discussed regarding long-term trends in the U.S. wealth inequality, age-wealth profiles, pensions and wealth distribution, and biases in inferences about life-cycle changes in saving and wealth. Some new assessments are offered for investment in human and nonhuman capital, the government contribution to national wealth, NIPA personal and corporate saving, and banking imputation.

Understanding Long-Run Economic Growth
Understanding Long-Run Economic Growth

Author: Dora L. Costa

Publisher: University of Chicago Press

Published: 2011-10

Total Pages: 400

ISBN-13: 0226116344

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The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. This book explores the relationship between economic conditions, growth, and inequality.