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Trends in productivity: the case of capital shortage

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Author Info
Kuper, Gerard H.
Kuipers, Simon (Groningen University)

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Abstract

This paper analyses the effect of rising wage rates and real interest rates on labour productivity and capital productivity in a situation of capital shortage. Furthermore, it shows the effect of rising wage rates and real interest rates on the capital intensity of the production process. This latter effect can not be determined unambiguously.

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File URL: http://irs.ub.rug.nl/ppn/228123976
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Publisher Info
Paper provided by University of Groningen, Research Institute SOM (Systems, Organisations and Management) in its series Research Report with number 01C31.

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Date of creation: 2001
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Handle: RePEc:dgr:rugsom:01c31

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