| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w1465 |
| 来源ID | Working Paper 1465 |
| International Comparison of the Sources of Productivity Slowdown 1973 1982 | |
| John F. Helliwell; Peter Sturm; Gerard Salou | |
| 发表日期 | 1984-09-01 |
| 出版年 | 1984 |
| 语种 | 英语 |
| 摘要 | This paper uses an integrated model of aggregate supply to analyze the post-1973 slowdown in productivity growth in the seven major OECD economies. Factor substitution, unexpected demand changes, profitability, and inventory disequilibrium all contribute to the explanation, which is based on a three-factor nested aggregate production function, including energy, and postulating Harrod-neutral disembodied technical progress. The model is first applied separately to the seven countries assuming constant (though country-specific) rates of technical progress. This model provides empirical evidence that this rate of progress has in fact slowed down for several of the faster-growing countries, even after adjusting for factor substitution and cyclical factors. The model is therefore re-estimated, and the sources of productivity decline recalculated, on the hypothesis that rates of efficiency growth in other countries are converging to those in the United States. |
| 主题 | Macroeconomics ; Econometrics |
| URL | https://www.nber.org/papers/w1465 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558700 |
| 推荐引用方式 GB/T 7714 | John F. Helliwell,Peter Sturm,Gerard Salou. International Comparison of the Sources of Productivity Slowdown 1973 1982. 1984. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w1465.pdf（730KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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