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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22453 |
来源ID | Working Paper 22453 |
Education, Participation, and the Revival of U.S. Economic Growth | |
Dale W. Jorgenson; Mun S. Ho; Jon D. Samuels | |
发表日期 | 2016-07-25 |
出版年 | 2016 |
语种 | 英语 |
摘要 | Labor quality growth captures the upgrading of the labor force through higher educational attainment and greater experience. We find that average levels of educational attainment of new entrants remain high, but will no longer continue to rise. Growing educational attainment will gradually disappear as a source of U.S. economic growth. We find that the investment boom of 1995-2000 drew many younger and less-educated workers into employment. Employment rates for these workers declined during the recovery of 2000-2007 and dropped further during the Great Recession of 2007-2009. Based on estimates of labor quality growth, growth in total factor productivity, and growth in capital quality, we project labor productivity to grow at 1.3% per year. This implies a GDP growth rate of 1.8%. |
主题 | Macroeconomics ; Consumption and Investment ; Development and Growth ; Growth and Productivity |
URL | https://www.nber.org/papers/w22453 |
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/580127 |
推荐引用方式 GB/T 7714 | Dale W. Jorgenson,Mun S. Ho,Jon D. Samuels. Education, Participation, and the Revival of U.S. Economic Growth. 2016. |
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 | ||
w22453.pdf(1365KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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