The Effects of Variable Capital Utilization on the Measurement and Properties of Sectoral Productivity : Some International Evidence

This paper explores how accounting for variations in factor utilization rates alters the empirical characteristics of productivity residuals in the United States and Canada. Using data on 19 manufacturing industries, we study the behavior of productivity using three proxies for capital services. We find that adjusting for cyclical movements in capital utilization alters many of the empirical characteristics of productivity, both within and across countries

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Year of publication:	[2021]
Authors:	Baxter, Marianne ; Farr, Dorsey
Publisher:	[S.l.] : SSRN
Subject:	Produktivität \| Productivity \| Messung \| Measurement \| Branche \| Economic sector \| Kanada \| Canada \| Kapazitätsauslastung \| Capacity utilization \| Industrie \| Manufacturing industries

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Extent:	1 Online-Ressource (28 p)
Series:	NBER Working Paper ; No. w8475
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 2001 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

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