Productivity, Vol. 1: Postwar U.S. Economics Growth

By Dale W. Jorgenson

The two volumes of Productivity present empirical studies that have permanently altered professional debates over investment and productivity as sources of post-war 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.

• Format: Hardcover
• Language: English
• ISBN: 0262100495
• ISBN13: 9780262100496
• Release Date: January 1995
• Publisher: Mit Pr
• Length: 432 Pages
• Weight: 1.85 lbs.
• Dimensions: 9.5" x 1.3" x 6.5"
• Age Range: 22 years and up
• Grade Range: Postsecondary and higher