| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w8359 |
| 来源ID | Working Paper 8359 |
| Productivity Growth in the 1990s: Technology, Utilization, or Adjustment? | |
| Susanto Basu; John G. Fernald; Matthew D. Shapiro | |
| 发表日期 | 2001-07-01 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | Measured productivity growth increased substantially during the second half of the 1990s. This paper examines whether this increase owes to an increase in the rate of technological change or whether it can be explained by non-technological factors relating to factor utilization, factor accumulation, or returns to scale. It finds that the recent increase in productivity growth does appear to arise from an increase in technological change. Cyclical utilization raised measured productivity growth relative to technology growth in the first part of the expansion, but lowered it subsequently. Factor adjustment leads to a steady-state understatement of technology growth by measured productivity growth. The understatement was greater in the second half of the expansion than the first. Changes in the distribution of inputs across industries with different returns to scale lead to a modest understatement in the growth in technology. Although the increase technological change is most pronounced in durable manufacturing, technological change also increased outside of manufacturing. |
| 主题 | Development and Growth ; Growth and Productivity ; Macroeconomics ; Consumption and Investment |
| URL | https://www.nber.org/papers/w8359 |
| 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/565961 |
| 推荐引用方式 GB/T 7714 | Susanto Basu,John G. Fernald,Matthew D. Shapiro. Productivity Growth in the 1990s: Technology, Utilization, or Adjustment?. 2001. |
| 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 | ||
| w8359.pdf（311KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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