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In this paper we analyse variations in capital operating hours. This is an important factor in understanding productivity but has attracted little attention (compared, for instance, to working hours for labour), presumably because of deficient data and the inherent difficulty of measurement....
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Work Patterns and Capital Utilisation, with a preface by Edmond Malinvaud, is a detailed and comprehensive investigation dealing with microeconomic issues of the decision making process that lead to the adoption of particular work patterns. The book considers both the micro and macroeconomic...
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