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Since 1995, growth in productivity in the United States appears to have accelerated dramatically. In this paper, we … cause conventionally measured growth in real output and productivity to be overstated. Building on the GDP function approach … year, or about 20%, of the 1995-2006 apparent increase in productivity growth for the U.S. economy. Bias in the price …
Persistent link: https://www.econbiz.de/10012463057
Since 1995, growth in productivity in the United States appears to have accelerated dramatically. In this paper, we … cause conventionally measured growth in real output and productivity to be overstated. Building on the GDP function approach … year, or about 20%, of the 1995-2006 apparent increase in productivity growth for the U.S. economy. Bias in the price …
Persistent link: https://www.econbiz.de/10013149702
We examine the relationship between large firms and the rising profit share in a model that features oligopolistic competition and consumer heterogeneity. Conditional on the sales distribution, the presence of consumer heterogeneity increases the profit share because it increases firm-level...
Persistent link: https://www.econbiz.de/10013282105
We examine the relationship between large firms and the rising profit share in a model that features oligopolistic competition and consumer heterogeneity. Conditional on the sales distribution, the presence of consumer heterogeneity increases the profit share because it increases firm-level...
Persistent link: https://www.econbiz.de/10012814421
States became apparent. The measurement of this productivity improvement depends on hedonic procedures adopted by the Bureau …In the second-half of the 1990s, the positive impact of information technology on productivity growth for the United …
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