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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10995 |
DP10995 A Vision of the Growth Process in a Technologically Progressive Economy: the United States, 1899-1941 | |
Nicholas Crafts; Gerben Bakker; Pieter Woltjer | |
发表日期 | 2015-12-20 |
出版年 | 2015 |
语种 | 英语 |
摘要 | We develop new aggregate and sectoral total factor productivity (TFP) estimates for the United States between 1899 and 1941 through better coverage of sectors and better measured labor quality, and show TFP growth was lower than previously thought, broadly based across sectors, strongly variant inter-temporally, and consistent with many diverse sources of innovation. we then test and reject three prominent claims. First, the 1930s did not have the highest TFP growth of the twentieth century. Second, TFP growth was not predominantly caused by four leading sectors. Third, TFP growth was not caused by a 'yeast process' originating in a dominant technology such as electricity. |
主题 | Economic History ; International Macroeconomics and Finance |
关键词 | Harberger diagram Mushrooms Productivity growth Tfp Growth |
URL | https://cepr.org/publications/dp10995 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539824 |
推荐引用方式 GB/T 7714 | Nicholas Crafts,Gerben Bakker,Pieter Woltjer. DP10995 A Vision of the Growth Process in a Technologically Progressive Economy: the United States, 1899-1941. 2015. |
条目包含的文件 | 条目无相关文件。 |
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