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Estimating Who Benefits from Productivity Growth : Direct and Indirect Effects of City Manufacturing TFP Growth on Wages, Rents, and Inequality

Hornbeck, Richard - 2019

We estimate direct and indirect effects of total factor productivity growth in manufacturing on US workers' earnings, housing costs, and purchasing power. Drawing on four alternative instrumental variables, we consistently find that when a city experiences productivity gains in manufacturing,...

Persistent link: https://www.econbiz.de/10012870205