The Roles of Output Expectations and Liquidity in Explaining Recent Productivity Movements

Simon Wren-Lewis

National Institute Economic Review, 1984, vol. 108, 42-53

Abstract: The behaviour of labour productivity (output per head) in recent years has received considerable comment. Growth rates in manufacturing of 5.7 per cent and 6.0 per cent in 1982 and 1983 have been interpreted by some as heralding a new era in industrial relations and technological innovation. One systematic analysis identifies an upward shift in productivity in 1980, followed by more normal behaviour thereafter (see Mendis and Muellbauer (1983), and also the article by John Muellbauer in the Financial Times, 20 April 1983). The improvement has taken place in most manufacturing industries, and remains however carefully we try to measure labour's input into production (National Institute Economic Review, no. 106, pp. 42-46).

Date: 1984
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:nierev:v:108:y:1984:i::p:42-53_5

Access Statistics for this article

More articles in National Institute Economic Review from National Institute of Economic and Social Research Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK. Contact information at EDIRC.
Bibliographic data for series maintained by Kirk Stebbing ().