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Title: Productivity Growth and Economic Performance
Authors: McCombie, John
John McCombie, Maurizio Pugno and Bruno Soro
Keywords: Industrial productivity
Issue Date: 2002
Publisher: Palgrave Macmillan
Description: This book is about Empirical economic laws, viewed as statistical relationships between economic variables that are robust with respect to different data sets and time periods, have often fascinated economists. This may be because they suggest that economics is a science, with a methodology analogous to physics, although without the benefit of controlled experiments. However, these laws have also given rise to lively debates concerning both their empirical validity and their economic interpretation – consider, for example, the original Phillips curve. ‘Verdoorn’s Law’ is no exception to this.
ISBN: 0–333–96877–8
Appears in Collections:Environmental and Development Studies

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