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Productivity Measurement Issues in Services Industries: “Baumol’s Disease” Has Been Cured
Triplett, Jack E.; Bosworth, Barry - Brookings Institution - 2003
[...]As we documented in a longer version of this paper (Triplettand Bosworth forthcoming), labor productivity growth … industriesexperienced productivity acceleration. Both the rate of LPimprovement in services after 1995 and its acceleration equaledthe … economywide average. That is why we said “Baumol’sDisease has been cured.”1We also examined the sources of labor productivity …
Persistent link: https://www.econbiz.de/10005869775
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At the origins of increased productivity growth in services Productivity, social savings and the consumer surplus of the film industry, 1900-1938
Bakker, Gerben - London School of Economics and Political Science - 2004
This paper estimates and compares the benefits cinema technology generated to society in Britain, France and the US between 1900 and 1938. It is shown how cinema industrialised live entertainment, by standardisation, automation and making it tradable. The economic impact is measured in three...
Persistent link: https://www.econbiz.de/10005870588