The impact of reduced inflation estimates on real output and productivity growth
Despite posting their strongest sustained performance in many years, recent measures of output and productivity growth have still fallen short of their 1960-73 averages. Could data-measurement problems affecting the pricing of some services account for the inability of these widely tracked U.S. growth indexes to match their earlier rates?
Volume (Year): 5 (1999)
Issue (Month): Jun ()
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- Daniel E. Sichel, 2000. "The Productivity Slowdown: Is A Growing Unmeasurable Sector The Culprit?," The Review of Economics and Statistics, MIT Press, vol. 79(3), pages 367-370, August.
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NBER Chapters,in: R&D and Productivity: The Econometric Evidence, pages 347-374
National Bureau of Economic Research, Inc.
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- Lawrence Slifman & Carol Corrado, 1999. "Decomposition of Productivity and Unit Costs," American Economic Review, American Economic Association, vol. 89(2), pages 328-332, May.
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- Marshall B. Reinsdorf, 1998. "Formula Bias And Within-Stratum Substitution Bias In The U.S. CPI," The Review of Economics and Statistics, MIT Press, vol. 80(2), pages 175-187, May. Full references (including those not matched with items on IDEAS)
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