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Estimates produced by the OECD indicate that labour productivity levels are higher in a number of European countries … argues that a structural measure of labour productivity, closer to a measure of technical efficiency, would take into account … employment rate and hours of work in terms of productivity and that once these effects are taken into account, the United States …
Persistent link: https://www.econbiz.de/10005518969
Since 1995, productivity growth has accelerated significantly in the United States. Information technology has always … investments in information technology (IT) in the early 1990s show the largest productivity gains in the late 1990s and that IT … capital investment has a large impact of productivity gains. His evidence also supports the view that the U.S. productivity …
Persistent link: https://www.econbiz.de/10005481855
productivity growth in the United States after 1995. In this article, Dale W. Jorgenson of Harvard University, Mun S. Ho from … resurgence in the United States, reflecting both an productivity acceleration and greater hours worked and project U.S. output … growth, and comment on lessons for Canada. They conclude that the U.S. productivity revival is likely to remain intact for …
Persistent link: https://www.econbiz.de/10005650243
Major European countries, unlike the United States, did not experience an acceleration in labour productivity growth in … 1980-2000 period. They find that total factor productivity growth picked up considerably in the second half of the 1990s … relative to the first half, but that labour productivity growth actually decelerated. This latter development was related to …
Persistent link: https://www.econbiz.de/10005650251