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Rapid price decreases for ICT-products in the 1990s have been largely attributed to the introduction of hedonic price indexes. Would hedonic price indexing also have large effects on measured price and productivity during earlier technological breakthroughs? This paper investigates the impact of...
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This paper investigates the relative labor productivity level for total manufacturing in Germany, Sweden and the US for the period 1980-2001. The paper also presents estimates of labor productivity levels for 18 different manufacturing industries for the period 1993-2000. The results show that...
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