Critique of orthodox economics, a: an alternative model
Auteur :
Lydall, H.
Éditeur :
Palgrave Macmillan
ISBN :
9780333725412
Date de publication :
9 févr. 1998
Dimensions :
21,6 x 14,0 cm
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Because it takes time for firms to improve their technology, and to acquire the necessary finance for expansion, there are wide differences in firm sizes, and in their profitability. The competitive struggle to develop better technology raises the level of productivity of the whole economy, and leads to higher real incomes.