Book ChapterDOI
Capital Formation and U.S. Productivity Growth, 1948–1976
Barbara M. Fraumeni,Dale W. Jorgenson +1 more
- pp 49-70
TLDR
In the U.S., capital formation in the form of tangible assets dropped precipitously after the cyclical peak in economic activity in 1973, and economic growth has slowed measurably as mentioned in this paper.Abstract:
Rapid growth of the U.S. economy during the postwar period has been sustained by the highest rate of capital formation in U.S. economic history. The postwar performance of the U.S. economy is all the more remarkable in view of the experience of the 1930s, when growth was negligible and the rate of capital formation was severely depressed. Capital formation in the form of tangible assets dropped precipitously after the cyclical peak in economic activity in 1973, and economic growth has slowed measurably. The revival of capital formation is clearly the key to reestablishment of postwar trends in economic growth in the United States.read more
Citations
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The Impact of the Asian Miracle on the Theory of Economic Growth
Robert W. Fogel,Robert W. Fogel +1 more
TL;DR: In this paper, the authors consider the development of economic growth theory in light of the spectacular advances of the economies of China, India, and Southeast Asia and consider the impact of the Asian economic Miracle on growth theory.
Journal ArticleDOI
Spatial Aspects of the Productivity Slowdown: An Analysis of U.S. Manufacturing Data
Emilio Casetti,John Paul Jones +1 more
TL;DR: The authors investigated the relation between the productivity slowdown and the Snowbelt-Sunbelt shift that materialized at approximately the same time during the mid-1960s and found that the spatial patterns of manufacturing productivity acceleration were different before and after the mid 1960s.
Book ChapterDOI
Corporate Taxation in the US
TL;DR: The US corporation income tax has been the focus of much criticism and debate during the past decade as discussed by the authors, and it has been criticised as a fundamentally unfair and illogical tax because it taxes corporations as independent entities, regardless of the tax brackets of individual shareholders.
Dissertation
The short-run dynamics and analysis of micro-level productivity growth : evidence from a manufacturing plant in Ukraine
TL;DR: Jäntti et al. as discussed by the authors studied the short run dynamics and analysis of micro-level productivity in a manufacturing plant in Ukraine and demonstrated evidence from a Manufacturing Plant in Ukraine.
References
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Book
Survey of current business
TL;DR: Seeerf and Teteraue as mentioned in this paper proposed a new currency for the Indian rupee, the Tisaneet currency, which is the first currency with a 100% inflation rate.
Journal ArticleDOI
U.S. Real Product and Real Factor Input, 1929-1967
TL;DR: In this paper, the authors provide a conceptual basis for separating social product and social factor input accounts into price and quantity components, and the resulting estimates are applied to the measurement of total factor productivity and the study of the responsiveness of product and factor intensities to price changes.
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