Title: Falling Rate of Profits in West Germany : The Manufacturing and the Non-manufacturing Sectors
Publisher: VDM Verlag Dr. M�ller
Publication Date: 2008
Language: English
ISBN 10: 383649602X
ISBN 13: 9783836496025
Binding: Soft cover
Condition: As New

About this title

Synopsis

The profit rate has long been understood to be a crucial indicator of the health of a capitalist economy. Empirical studies traditionally looked at the manufacturing sector because of lack of data for the rest of the economy. This book investigates the economy-wide rate of profit, the manufacturing and the non manufacturing sectors in West Germany from 1960 to unification. The study finds significantly different behavior between the manufacturing and the non manufacturing sectors, revealing a serious limitation of any simple aggregate studies of the West German profit rate. The book considers the profit share and output-capital ratio as determinants of changes in the profit rates. It develops a simple way to graphically present them so a reader can immediately see their relative contributions to the changes in the profit rate. This study supports the claim that profit rate declines and restorations were dominantly, though not exclusively, caused by wage changes as opposed to technological changes, and particularly so in the manufacturing sector where unions were stronger. The book also summarizes the main empirical studies of the USA economy`s profit rate between 1960 and 1990.

About the Author

Mehmet Ufuk Tutan, Ph.D., M.Sc, B.S (Economics), M.A. (International Relations), M.Sc. (Science and Technology) Assistant Professor, Izmir University of Economics, Turkey. Economy Adviser, Izmir Chamber of Commerce.Previous Employment:University of Utah; Westminster College, Utah; Middle East Technical University and Bilkent University, Turkey

"About this title" may belong to another edition of this title.

Store Description

GreatBookPrices.com is your top source for finding new books at the absolute lowest prices, guaranteed ! We offer big discounts - everyday - on millions of titles in virtually any category, from Architecture to Zoology -- and everything in between. Discover great deals and super-savings, on professional books, text book titles, the newest computer guides, or your favorite fiction authors. You'll find it all - at HUGE SAVINGS - at GreatBookPrices. Browse through our complete online product catalog today. Serving customers around the world for years, we help thousands find just the books they're looking for -- at incredibly low, bargain prices.

Visit Seller's Storefront

Seller's business information

Far Corner Europe Limited
19-20 Bourne Court, 19-20 Bourne Court, Woodford Green, IG8 8HD, United Kingdom

Sale & Shipping Terms

Terms of Sale

Company Name: GreatBookPricesUK
Legal Entity: Far Corner Europe Limited
Address: 19-20 Bourne Court, Southend Road, Woodford Green Essex, UK IG8 8HD
Registration #: 10691061
Authorized representative: Danielle Hainsey

Shipping Terms

Our warehouses across the globe are fully operational without substantial delays. We are working hard and continue to overcome the daily challenges presented by COVID-19. There have been reports that delivery carriers are experiencing large delays resulting in longer than normal deliveries to customers. See USPS's website for further detail. We would like to apologize in advance if your item arrives later than the expected delivery due date.

Internal processing of your order will take about 1-2 business days. Please allow an additional 4-14 business days for Media Mail delivery. We have multiple ship-from locations - MD,IL,NJ,UK,IN,NV,TN & GA

Shipping rates from United Kingdom to U.S.A.

Shipping rates from United Kingdom to U.S.A.
Order quantity	10 to 30 business days	10 to 27 business days
First item	US$ 20.15	US$ 20.15

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.