Edge, Rochelle M.; Laubach, Thomas; Williams, John C. - Federal Reserve Board (Board of Governors of the … - 2004
shift in the rate of growth of productivity.
1
A notable exception is
Campbell (1994), who found that in a real business …
productivity (output per hour) in the nonfarm business sector for 1948{2003; the dashed line
shows a retrospective estimate of …; the correspond-
ing p-value for business sector productivity (which includes the agricultural sector) is only
about 1 …