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Persistent link: https://www.econbiz.de/10005383879
Panel data on thirteen two-digit US manufacturing industries were analysed using a random coefficients approach to determine the behaviour of total factor productivity growth rates and price—marginal cost ratios during recessions and expansions. Results show: (1) productivity growth is...
Persistent link: https://www.econbiz.de/10009227822
Persistent link: https://www.econbiz.de/10005680342
A cross-sectional analysis was performed on the NBER Manufacturing Productivity database (450 four-digit industries) to investigate the behaviour of total factor productivity growth rates (PROD) and price-marginal cost ratios (PMC) in US manufacturing industries. This analysis allows for...
Persistent link: https://www.econbiz.de/10005629301