Hartwig, Jochen - In: Journal of Economics and Statistics (Jahrbuecher fuer … 226 (2006) 4, pp. 418-435
The paper shows that the assessment of the speed of productivity growth crucially depends on how one chooses to measure value added. According to a widely held view, the growth rate of labour productivity has increased significantly in the U.S. since the mid-90s. The U.S. is perceived to...