The Way It Worked and Why It Won't : Structural Change and the Slowdown of U.S. Economic Growth

Language: English

Published by Praeger, 1999

0275965317 / 9780275965310

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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nach der Bestellung gedruckt Neuware - Printed after ordering - While the decline of U.S. economic growth has been widely recognized and debated by professional economists, no one has until now offered a comprehensive description and explanation. Professor Bjork does so, and he explains the growth slowdown as a natural consequence of economic maturity.In addition, Bjork explains how productivity growth occurs within industries and the economy as a whole and how accounting conventions fail to account for growth in expanding sectors of the economy such as services and government. He quantifies the effects of structural change in slowing the rate of growth, and he demonstrates why taxes and transfer payments for the education of the young and the maintenance and health care of the retired population necessarily increase with economic growth and maturity. This is an important synthesis for professional economists and policy makers as well as students and the concerned public.

Seller Inventory # 9780275965310

Title
The Way It Worked and Why It Won't : Structural Change and the Slowdown of U.S. Economic Growth
Author
Gordon C. Bjork
Publisher
Praeger
Publication year
1999
Condition
Neu
Binding
Buch
Language
English
ISBN 10
0275965317
ISBN 13
9780275965310
Item weight
675 grams
Dimensions
235x157x24 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

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