The sharp decline in U.S. productivity growth in the 1970s has brought about a renewed interest in economic policies to expand aggregate supply. Particular importance has been given to the role played by government intervention in the form of taxes, transfer payments, and regulation. This volume asks just what is known about the effect of government policy on the productive capacity of the nation. It also looks at the role played by capital formation, technological change, and the quality of the work force.
- ISBN10 0815710364
- ISBN13 9780815710363
- Publish Date 1 January 1984
- Publish Status Active
- Out of Print 21 September 2012
- Publish Country US
- Imprint Brookings Institution
- Format Hardcover
- Pages 220
- Language English