Biased Technical Change and Economic Conservation Laws

Ryuzo Sato

ISBN 10: 0387260552 / ISBN 13: 9780387260556

Published by Springer US, Springer US, 2006

About this Item

Druck auf Anfrage Neuware - Printed after ordering - 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 the objectives of this book is to examine the difference or bias in the productivity growth of the two inputs. In this book, application of this general approach to study of biased technical change is developed and new empirical results presented for both macroeconomies and microeconomic firms.

Seller Inventory # 9780387260556

Bibliographic Details

• Title: Biased Technical Change and Economic Conservation Laws
• Publisher: Springer US, Springer US
• Publication Date: 2006
• Language: English
• ISBN 10: 0387260552
• ISBN 13: 9780387260556
• Binding: Buch
• Condition: Neu
• Dimensions: 240W x 161H x 20D millimeters 240 millimeters width by 161 millimeters height by 20 millimeters depth
• Weight: 540 grams

About this title

Synopsis

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 the objectives of this book is to examine the difference or bias in the productivity growth of the two inputs.

In this book, application of this general approach to study of biased technical change is developed and new empirical results presented for both macroeconomies and microeconomic firms.

About the Author

Ryuzo Sato is the C.V. Starr Professor of Economics and the director of the Center for Japan-U.S. Business and Economic Studies at the New York University Stern School of Business. In his current position, Dr. Sato teaches an MBA course in the comparative analysis of the Japanese and United States economies, an Undergraduate course ISP (International Studies Project,) and a Ph.D. level course on economic growth and technological change.

Dr. Sato has been with NYU Stern for more than 15 years. His primary areas of research interest are: economic growth, technical change, differential games, international business and United States-Japan relations.