Economics: Productivity and Technology Shocks

Guthlac Kirk Anyalezu’s Economics provides an advanced econometrics analysis integrating the real world (macroeconomics and microeconomics) of analyzing and/or synthesizing aggregate productivity and aggregate technology. The book’s conciseness and easy-to-follow chapters provide the best mix of approach and methodology analysis. It will enable and enhance students, researchers and other users’ understanding of how to measure aggregate productivity and technology shocks, including the evaluation of economic policies. Features include the following: A comprehensive literature survey and analysis on Total Factor Productivity (TFP) and Real Business Cycle (RBC) Models. Estimation of aggregate productivity and aggregate technology Analysis of aggregate productivity, technology and contractionary effects Econometrics techniques and analysis Structural autoregressive model and bivariate model Various econometric testing An indepth empirical study applicable to any world economy Simplification of complex econometrics modelling, theoretical analysis and evaluation