Is the fall in overall productivity growth in the United States and other developed countries related to the rising … productivity growth of the overall economy and on its competitive performance. In this timely volume, leading experts from … Product Originating Estimates -- 2. Productivity Measurement in Service Industries -- 3. Improvements in Measuring Price …

The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US … productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However …, the size of the estimated growth rate of total factor productivity depends on an assumption about the factor …