Author:
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 1090
Book Description
Labor Composition and U.S. Productivity Growth, 1948-90
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 130
Book Description
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 130
Book Description
Labor Composition and US Productivity Growth
Labor Composition and U. S. Productivity Growth, 1948-90
Author: DIANE Publishing Company
Publisher:
ISBN: 9780788107917
Category :
Languages : en
Pages : 114
Book Description
Presents measures of changes in the composition of the labor force that have influenced productivity growth. Charts & tables.
Publisher:
ISBN: 9780788107917
Category :
Languages : en
Pages : 114
Book Description
Presents measures of changes in the composition of the labor force that have influenced productivity growth. Charts & tables.
Labor Composition and U.S. Productivity Growth, 1948-90
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 128
Book Description
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 128
Book Description
Trends in Multifactor Productivity, 1948-81
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 92
Book Description
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 92
Book Description
The U.S. Productivity Slowdown
Author: Michael R. Darby
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 76
Book Description
This paper identifies three major periods: 1900-1929, 1929-1965, and 1965-1978. In contrast to the middle period, the extreme periods are characterized by rapid growth in private employment and hours worked; because growth in private productivity increases by less, measured labor productivity growth falls compared to the middle period. However this fall reflects a substantial substitution of quantity for quality in labor force growth: after private employment and hours are adjusted for age, sex, immigration, and education, no difference is observed among the average quality-adjusted labor productivity growth rates. Substantial variation in these growth rates remains within the 1929-1965 and 1965-1978 periods. Slow quality-adjusted labor productivity growth during 1929-1948 is just offset by unusually rapid growth during 1948-1965; these variations are attributed to the near cessation of investment during the Depression and World War II and subsequent recovery of the capital-labor ratio. Thus no substantial variations in total factor productivity growth or technical progress is found. Variations inproductivity growth within 1965-1978 are explained by price-control induced biases in reported deflated output. Correction of these biases results inequal quality-adjusted labor productivity growth in 1965-1973 and 1973-1978.A substantial program of future research is proposed. A data appendix is included.
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 76
Book Description
This paper identifies three major periods: 1900-1929, 1929-1965, and 1965-1978. In contrast to the middle period, the extreme periods are characterized by rapid growth in private employment and hours worked; because growth in private productivity increases by less, measured labor productivity growth falls compared to the middle period. However this fall reflects a substantial substitution of quantity for quality in labor force growth: after private employment and hours are adjusted for age, sex, immigration, and education, no difference is observed among the average quality-adjusted labor productivity growth rates. Substantial variation in these growth rates remains within the 1929-1965 and 1965-1978 periods. Slow quality-adjusted labor productivity growth during 1929-1948 is just offset by unusually rapid growth during 1948-1965; these variations are attributed to the near cessation of investment during the Depression and World War II and subsequent recovery of the capital-labor ratio. Thus no substantial variations in total factor productivity growth or technical progress is found. Variations inproductivity growth within 1965-1978 are explained by price-control induced biases in reported deflated output. Correction of these biases results inequal quality-adjusted labor productivity growth in 1965-1973 and 1973-1978.A substantial program of future research is proposed. A data appendix is included.
Postwar Productivity Growth in the United States
Author: Kenneth G. Van Auken
Publisher:
ISBN:
Category : Labor productivity
Languages : en
Pages : 76
Book Description
Publisher:
ISBN:
Category : Labor productivity
Languages : en
Pages : 76
Book Description
News
Productivity and the American Economy
Author:
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 24
Book Description
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 24
Book Description
Interpreting the "one Big Wave" in US Long-term Productivity Growth
Author: Robert James Gordon
Publisher:
ISBN:
Category : Capital productivity
Languages : en
Pages : 88
Book Description
"This paper assesses the standard data on output, labor input, and capital input, which imply "one big wave" in multi-factor productivity (MFP) growth for the United States since 1870. The wave-like pattern starts with slow MFP growth in the late 19th century, then an acceleration peaking in 1928-50, and then a deceleration to a slow rate after 1972 that returns to the poor performance of 1870-1891. A counterpart of the standard data is a mysterious doubling in the ration of output to capital input when the postwar era is compared with 1870-1929 ..."--Abstract
Publisher:
ISBN:
Category : Capital productivity
Languages : en
Pages : 88
Book Description
"This paper assesses the standard data on output, labor input, and capital input, which imply "one big wave" in multi-factor productivity (MFP) growth for the United States since 1870. The wave-like pattern starts with slow MFP growth in the late 19th century, then an acceleration peaking in 1928-50, and then a deceleration to a slow rate after 1972 that returns to the poor performance of 1870-1891. A counterpart of the standard data is a mysterious doubling in the ration of output to capital input when the postwar era is compared with 1870-1929 ..."--Abstract