The sharp decline in U.S. productivity growth in the 1970s has brought about a renewed interest in economic policies to expand aggregate supply. Particular importance has been given to the role played by government intervention in the form of taxes, transfer payments, and regulation. This volume asks just what is known about the effect of government policy on the productive capacity of the nation. It also looks at the role played by capital formation, technological change, and the quality of the work force.
Format:Paperback
Language:English
ISBN:0815710356
ISBN13:9780815710356
Release Date:August 1984
Publisher:Globe Pequot Publishing Group Inc/Bloomsbury
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