Feenstra, Robert C.; Mandel, Benjamin R.; Reinsdorf, … - In: American Economic Journal: Economic Policy 5 (2013) 1, pp. 59-93
The acceleration in US productivity growth since 1995 is often attributed to declining prices for information technology (IT ) goods, and therefore enhanced productivity growth in that sector. We investigate an alternative explanation for these IT price movements: gains in the US terms of trade...