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the U.S. Services Sector: New Sources of Economic Growth", by Jack Triplett and Barry Bosworth from the Brookings …
Persistent link: https://www.econbiz.de/10005518956
In this article, as part of the symposium on total factor productivity, Erwin Diewert of the University of British Columbia provides a comprehensive discussion of what is needed to develop reliable measures of total factor productivity in terms of output and the different classes of inputs. He...
Persistent link: https://www.econbiz.de/10005518958
the macroeconomic perspective in the analysis of productivity growth. He believes that the golden age of productivity … growth during the 1945-73 period was in large part due to the solid macroeconomic performance of the period, a theme not …
Persistent link: https://www.econbiz.de/10005518975
Living Standards. It points out that there now appears to be a renaissance in productivity growth in the U.S. service sector …
Persistent link: https://www.econbiz.de/10005518980
productivity growth, capital per worker and the skills level of the workforce as represented by educational attainment, have … improved markedly in the construction sector in recent years. He explains the stagnation of labour productivity growth despite … problems which underestimate productivity growth. …
Persistent link: https://www.econbiz.de/10005518983
Replication of two recent studies of growth determinants shows that results are sensitive to the choice of data from … which growth rates are calculated, especially with respect to whether economic convergence has occurred. Previous warnings … (growth rates) have been largely ignored at the cost of possibly contaminating the conclusions. …
Persistent link: https://www.econbiz.de/10005677664
Measured rates of growth in real per capita income differ drastically depending on the data source. This phenomenon …. Replication of several recent studies of growth determinants shows that results are sensitive in important ways to the choice of …-country patterns over time (growth rates) have been largely ignored at the cost of possibly contaminating the conclusions. …
Persistent link: https://www.econbiz.de/10005677713
Results of numerous cross-country growth regressions have been found to be sensitive to specification, time period or …-hand side variables. In this paper we suggest that a more fundamental problem may exist with respect to the growth rates used in … the majority of studies. Differences in measured growth rates are severe across widely-used sources. More critically …
Persistent link: https://www.econbiz.de/10005738165
size after 1980 along with overall economic growth results in a larger increase of top income shares. The historical drops …
Persistent link: https://www.econbiz.de/10015175189