We strive to deliver the best value to our customers and ensure complete satisfaction for all our textbook rentals.
You can return your online books for any reason within our refund period – no questions asked.
Every order is available for express shipping, and return shipping is always free.
You'll be happy with the quality of your books (or we'll ship you another one on our dime).
You can extend your rental at any time – at the same cheap daily rental rate.
If you decide to keep the book it will never cost more than the purchase price.
As always, you have access to over 5 million titles. Plus, you can choose from 5 rental periods, so you only pay for what you’ll use. And if you ever run into trouble, our top-notch U.S. based Customer Service team is ready to help by email, chat or phone.
Supplemental materials are not guaranteed for used textbooks or rentals (access codes, DVDs, workbooks).
Productivity and U.S. Economic Growth
by:Dale W. Jorgenson
Although the level of U.S. per capita output was higher than that of any other industrialized country at the end of World War II, output has increased by more than four times and per capita output has more than doubled. Empirical evidence has shifted the terms of professional debates over the importance of investment and productivity as sources of postwar...
Although the level of U.S. per capita output was higher than that of any other industrialized country at the end of World War II, output has increased by more than four times and per capita output has more than doubled. Empirical evidence has shifted the terms of professional debates over the importance of investment and productivity as sources of postwar growth. This volume traces this outstanding growth performance to investments in tangible assets and human capital. The distinctive feature of investment as a source of economic growth is that returns can be internalized by the investor. The most straightforward application of this idea is to investments that create property rights. These include rights to transfer the resulting assets and benefit from the incomes that are generated. This volume broadens the meaning of capital formation to include the investments in education and training. The contributions of these investments to economic growth can be identified from their impacts on labor incomes. After the slowdown in U.S. economic growth that began in 1973 it became apparent that economic research had failed to produce a satisfactory basis for policies to generate growth. This volume provides the starting point for development of a new consensus based on the policies that stimulate and reward investments in tangible assets and human capital. These policies will focus on returns that can be internalized by investors, ending the fruitless search for "spill overs" that can generate growth without providing incentives for capital formation.
Since launching the first textbook rental site in 2006, BookRenter has never wavered from our mission to make education more affordable for all students. Every day, we focus on delivering students the best prices, the most flexible options, and the best service on earth. On March 13, 2012 BookRenter.com, Inc. formally changed its name to Rafter, Inc. We are still the same company and the same people, only our corporate name has changed.