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On using relative prices to measure capital-specific technological progress

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Accounting for the secular "decline" of U.S. manufacturing

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On using relative prices to measure capital-specific technological progress

Marquis, Milton H.; Trehan, Bharat - In: Journal of macroeconomics 30 (2008) 4, pp. 1390-1406

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Relative productivity growth and the secular "decline" of US manufacturing

Marquis, Milton H.; Trehan, Bharat - In: The quarterly review of economics and finance : journal … 50 (2010) 1, pp. 67-74

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Using prices to measure productivity in a two-sector growth model

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Accounting for the Secular 'Decline' of U.S. Manufacturing

Marquis, Milton H. - 2005

The share of employment in manufacturing as well as the relative price of manufactures has declined sharply over the postwar period, while the share of manufacturing output relative to GDP has remained roughly constant. Household preferences turn out to play a key role in reconciling this...

Persistent link: https://www.econbiz.de/10012735862