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

Bjork, Gordon C.

 
9780275965310: The Way It Worked and Why It Won't: Structural Change and the Slowdown of U.S. Economic Growth
Hardcover
ISBN 10: 0275965317 ISBN 13: 9780275965310
Verlag: Praeger, 1999

Inhaltsangabe

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.

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Über die Autorin bzw. den Autor

Gordon C. Bjork

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Verlag
Praeger
Erscheinungsdatum
1999
Sprache
Englisch
ISBN 10 
0275965317
ISBN 13 
9780275965310
Einband
Gebundene Ausgabe
Anzahl der Seiten
322
Kontakt zum Hersteller
preigu GmbH & Co. KG
mail@preigu.de

Lengericher Landstr. 19
Osnabrück
Niedersachsen
49078
Deutschland

Weitere beliebte Ausgaben desselben Titels

9780275965327: The Way It Worked and Why It Won't: Structural Change and the Slowdown of U.S. Economic Growth

Vorgestellte Ausgabe

ISBN 10:  0275965325 ISBN 13:  9780275965327
Verlag: Praeger, 1999
Softcover