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This article examines the theoretical and statistical connections between the productivity upsurge in U.S. manufacturing in the 1980s and manufacturing investment in computers and other forms of high-tech equipment.
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Comparing absolute levels of unit labor costs across countries entails translating labor compensation rates and productivity measured in national currencies into a common currency (e.g., U.S. dollars). Compensation rates are translated using market exchange rates and productivity is translated...
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This paper examines the role of skilled labor in the growth of total factor productivity. We use panel data from manufacturing industries within the United States to assess the extent to which productivity growth in yearly cross-sections of U.S. manufacturing industries is tied to industry...
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