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Relative productivity growth and the secular “decline” of U.S. manufacturing

✍ Scribed by Milton Marquis; Bharat Trehan

Book ID
113871730
Publisher
Elsevier Science
Year
2010
Tongue
English
Weight
534 KB
Volume
50
Category
Article
ISSN
1062-9769

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A profit function approach to measuring
A profit function approach to measuring productivity growth: The case of U.S. manufacturing
✍ Subhash C. Ray; Kathleen Segerson 📂 Article 📅 1990 🏛 Springer 🌐 English ⚖ 695 KB

This article proposes a method of estimating productivity growth using an estimated profit function. The approach has the advantage of incorporating endogenous changes in profit-maximizing output levels that would result from productivity changes. As with the cost function, it can be easily adapted