Productivity growth and economic performance : essays on Verdoorn's Law /|cedited by J. Mc Combre, M. Pugno, B, Soro

This collection of essays on Verdoorn's Law - the relationship between the growth of industrial productivity and output - presents a number of comprehensive surveys and assessments of the vast literature available. The collection not only includes an English translation of Verdoorn's seminal article originally published in Italian, but also new empirical evidence for the Verdoorn Law and new developments in the theoretical modelling of cumulative causation. Cover......Page 1 Contents......Page 6 List of Tables......Page 7 Notes on the Contributors......Page 8 Foreword......Page 10 1 Introduction......Page 14 2 Factors that Determine the Growth of Labour Productivity......Page 41 3 'Fattori che regolano lo sviluppo della produttività del lavoro' Fifty Years On......Page 50 4 Increasing Returns and the Verdoorn Law from a Kaldorian Perspective......Page 77 5 A Reappraisal of Verdoorn's Law for the Italian Economy, 1951–97......Page 128 6 The Verdoorn Law: Some Evidence from Non-Parametric Frontier Analysis......Page 149 7 Cumulative Causation and Unemployment......Page 178 8 Cumulative Growth and the Catching-Up Debate from a Disequilibrium Standpoint......Page 210 9 Verdoorn's Law: Some Notes on Output Measurement and the Role of Demand......Page 232 10 Verdoorn's Law and the Analysis of Steady-State Growth: from an Unsatisfactory Marriage to a New Perspective......Page 252 Bibliography......Page 272 D......Page 288 E......Page 289 J......Page 290 N......Page 291 R......Page 292 V......Page 293 Y......Page 294

This collection of essays on Verdoorn's Law—the relationship between the growth of industrial productivity and output—presents a number of comprehensive surveys and assessments of the vast literature available. The collection not only includes an English translation of Verdoorn's seminal article originally published in Italian, but also new empirical evidence for the Verdoorn Law and new developments in the theoretical modeling of cumulative causation.

This collection of essays on Verdoorn's Law includes an English translation of Verdoorn's seminal article originally published in Italian, as well as empirical evidence for the Verdoorn Law and developments in the theoretical modelling of cumulative causation The essays that comprise this edited collection extend and elaborate upon Verdoorn's Law. Verdoorn drew attention, over 50 years ago, to the close relationship that exists between productivity and output growth, especially in industry