indexes. Would hedonic price indexing also have large effects on measured price and productivity during earlier technological … Sweden 1900-35. The results show that during the productivity boom of the 1920s, current prices for electric motors decreased … high productivity growth in the industry producing electric motors in 1920-29. In contrast to Sweden, the US annual total …

This study consists of an examination of productivity growth following three major technological breakthroughs: the … original invention until a substantial increase in the rate of productivity growth can be observed. There is also strong … persuasive direct evidence that the steam engine producing industry and electric machinery had particularly high productivity …