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THE ‘PRODUCTIVITY PUZZLE’ AND THE COST OF CAPITAL.

Authors :
Sargent, J. R.
Source :
Economic Affairs; Jun2018, Vol. 38 Issue 2, p265-272, 8p, 2 Graphs
Publication Year :
2018

Abstract

The article discusses the scenario in Great Britain where downfall in labour productivity hampered economic development, which it depicts has happened due to developments in the cost of capital. Topics discussed include implications of the rising cost of capital, historical analysis of the matter with regard to the economy of Great Britain and policy implications.

Subjects

Subjects :
LABOR productivity
CAPITAL costs
ECONOMIC development
BRITISH economic policy
HISTORICAL analysis

Details

Language :
English
ISSN :
02650665
Volume :
38
Issue :
2
Database :
Complementary Index
Journal :
Economic Affairs
Publication Type :
Academic Journal
Accession number :
130266672
Full Text :
https://doi.org/10.1111/ecaf.12286
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