| 来源类型 | Working Paper |
| 规范类型 | 论文 |
| Projecting Productivity Growth: Lessons from the U.S. Growth Resurgence | |
| Mun Ho; Dale W. Jorgenson; Kevin J. Stiroh | |
| 发表日期 | 2002-07-01 |
| 出版年 | 2002 |
| 页码 | DP 02-42 |
| 语种 | 英语 |
| 摘要 | This paper analyzes the sources of U.S. labor productivity growth in the post-1995 period and presents projections for both output and labor productivity growth for the next decade. Despite the recent downward revisions to U.S. GDP and software investment, we show that information technology (IT) played a substantial role in the U.S. productivity revival. We then outline a methodology for projecting trend output and productivity growth. Our base-case projection puts the rate of trend productivity growth at 2.21% per year over the next decade with a range of 1.33 - 2.92%, reflecting fundamental uncertainties about the rate of technological progress in IT-production and investment patterns. Our central projection is only slightly below the average growth rate of 2.36% during the 1995-2000 period. |
| 主题 | Environmental Economics Topics |
| URL | http://www.rff.org/research/publications/projecting-productivity-growth-lessons-us-growth-resurgence |
| 来源智库 | Resources for the Future (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/40668 |
| 推荐引用方式 GB/T 7714 | Mun Ho,Dale W. Jorgenson,Kevin J. Stiroh. Projecting Productivity Growth: Lessons from the U.S. Growth Resurgence. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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