Biased Technical Change and Economic Conservation Laws

By:

Ryuzo Sato

Format:

Hardback

Series:

Research Monographs in Japan-U.S. Business and Economics

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Description

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.

Author Biography:

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.

Release date Australia

February 1st, 2006

Author

Ryuzo Sato

Audience

Professional & Vocational

Illustrations

XII, 230 p.

Pages

230

Series

Research Monographs in Japan-U.S. Business and Economics

Dimensions

156x234x15

ISBN-13

9780387260556

Product ID

2434960

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