New Evidence on Durable Goods Biased Technological Change
AbstractWe describe new evidence that technological change is biased toward producing durables goods. Existing evidence in favor of the importance of change to growth and business cycles is based on the price deflators for investment and consumption goods. Our evidence is based on additional data, including industry specific goods prices, factor inputs, factor prices and the input-output tables.
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Bibliographic InfoPaper provided by Society for Economic Dynamics in its series 2004 Meeting Papers with number 55.
Date of creation: 2004
Date of revision:
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Postal: Society for Economic Dynamics Christian Zimmermann Economic Research Federal Reserve Bank of St. Louis PO Box 442 St. Louis MO 63166-0442 USA
Web page: http://www.EconomicDynamics.org/society.htm
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investment-specific technological change; growth accouting;
Other versions of this item:
- Susanto Basu & John Fernald, 2005. "New Evidence on Durable Goods Biased Technological Change," 2005 Meeting Papers 695, Society for Economic Dynamics.
- E0 - Macroeconomics and Monetary Economics - - General
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