Will the U.S. productivity resurgence continue?
AbstractU.S. productivity growth has accelerated in recent years, despite a series of negative economic shocks. An analysis of the sources of this growth over the 1995-2003 period suggests that the production and use of information technology account for a large share of the gains. The authors project that during the next decade, private sector productivity growth will continue at a rate of 2.6 percent per year, a significant increase from their 2002 projection of 2.2 percent growth.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.
Volume (Year): (2004)
Issue (Month): Dec ()
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- James A. Kahn & Kevin Stiroh, 2002. "Productivity Growth: A New Era?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(2), pages 237-242, April.
- Jorgenson, Dale W. & Ho, Mun S. & Stiroh, Kevin J., 2003. "Lessons from the US growth resurgence," Journal of Policy Modeling, Elsevier, vol. 25(5), pages 453-470, July.
- Carone, Giuseppe & Denis, Cécile & Mc Morrow, Kieran & Mourre, Gilles & Röger, Werner, 2006.
"Long-term labour productivity and GDP projections for the EU25 Member States : a production function framework,"
744, University Library of Munich, Germany.
- Giuseppe Carone & C�cile Denis & Kieran Mc Morrow & Gilles Mourre & Werner R�ger, 2006. "Long-term labour productivity and GDP projections for the EU25 Member States : a production function framework," European Economy - Economic Papers 253, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
- Brynjolfsson, Erik, 2011. "ICT, innovation and the e-economy," EIB Papers 8/2011, European Investment Bank, Economics Department.
- Lynch, Lisa M., 2007.
"The Adoption and Diffusion of Organizational Innovation: Evidence for the U.S. Economy,"
IZA Discussion Papers
2819, Institute for the Study of Labor (IZA).
- Lisa Lynch, 2007. "The Adoption and Diffusion of Organizational Innovation: Evidence for the U.S. Economy," Working Papers 07-18, Center for Economic Studies, U.S. Census Bureau.
- Lisa M. Lynch, 2007. "The Adoption and Diffusion of Organizational Innovation: Evidence for the U.S. Economy," NBER Working Papers 13156, National Bureau of Economic Research, Inc.
- Nicholas Oulton, 2010.
"Long Term Implications of the ICT Revolution: Applying the Lessons of Growth Theory and Growth Accounting,"
CEP Discussion Papers
dp1027, Centre for Economic Performance, LSE.
- Oulton, Nicholas, 2012. "Long term implications of the ICT revolution: Applying the lessons of growth theory and growth accounting," Economic Modelling, Elsevier, vol. 29(5), pages 1722-1736.
- Dale Jorgenson & Kazuyuki Motohashi, 2004.
"Information Technology and the Japanese Economy,"
in: Enhancing Productivity (NBER-CEPR-TCER-Keio conference)
National Bureau of Economic Research, Inc.
- Jorgenson, Dale W. & Motohashi, Kazuyuki, 2005. "Information technology and the Japanese economy," Journal of the Japanese and International Economies, Elsevier, vol. 19(4), pages 460-481, December.
- Strauss, Hubert & Samkharadze, Besik, 2011. "ICT capital and productivity growth," EIB Papers 6/2011, European Investment Bank, Economics Department.
- Antonelli, Cristiano & Quatraro, Francesco, 2007. "Directed Technological Change and Total Factor Productivity. Effects and Determinants in a Sample of OECD Countries, 1971 – 2001," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200711, University of Turin.
- Eloi Laurent & Michel Juillard & Patrick Musso & Michel Aglietta & Jean Chateau & Hélène Baudchon & Gilles Le Garrec & Jean-Paul Fitoussi & Jérôme Creel & Vincent Touze & Jean-Luc Gaffard & Jacque, 2005. "Potential Growth in the EU : Prospects from Technical Progress and Eastern Enlargment," Sciences Po publications info:hdl:2441/2500, Sciences Po.
- Jonathan Harris, . "08-02 "Ecological Macroeconomics: Consumption, Investment, and Climate Change"," GDAE Working Papers 08-02, GDAE, Tufts University.
- Steven Yamarik, 2011. "Human capital and state-level economic growth: what is the contribution of schooling?," The Annals of Regional Science, Springer, vol. 47(1), pages 195-211, August.
- repec:fip:fedfsp:y:2005:i:feb11 is not listed on IDEAS
- Hätönen, Jussi, 2011. "The economic impact of fixed and mobile high-speed networks," EIB Papers 7/2011, European Investment Bank, Economics Department.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Amy Farber).
If references are entirely missing, you can add them using this form.