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Comparing Productivity Growth: An Exploration of French and U.S. Industrial and Firm Data

In: International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics

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  • Zvi Griliches
  • Jacques Mairesse

Abstract

This paper compares and analyzes the growth of productivity in the manufacturing industries and firms in France and the U.S. based on newly assembled comparable data sets in both countries. Three explanations of the recent productivity slowdown are reviewed: shortfall in physical investment, rise in materials prices, and a decline in the intensity or fecundity of R&D investment, and found not to bear on the differences in productivity growth between and within the two countries, either at the industry or the firm levels.
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Suggested Citation

  • Zvi Griliches & Jacques Mairesse, 1991. "Comparing Productivity Growth: An Exploration of French and U.S. Industrial and Firm Data," NBER Chapters, in: International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics, pages 45-82, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberch:11676
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    References listed on IDEAS

    as
    1. Bruno, Michael, 1983. "'Comparing Productivity Growth: An Exploration of French and U.S. Industrial and Firm Data' by Z. Griliches and J. Mairesse," European Economic Review, Elsevier, vol. 21(1-2), pages 125-127.
    2. Philippe Cuneo & Jacques Mairesse, 1984. "Productivity and R&D at the Firm Level in French Manufacturing," NBER Chapters, in: R&D, Patents, and Productivity, pages 375-392, National Bureau of Economic Research, Inc.
    3. Nordhaus, William D., 1982. "Economic policy in the face of declining productivity growth," European Economic Review, Elsevier, vol. 18(1), pages 131-157.
    4. Zvi Griliches, 1998. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 17-45, National Bureau of Economic Research, Inc.
    5. John W. Kendrick & Beatrice N. Vaccara, 1980. "New Developments in Productivity Measurement and Analysis," NBER Books, National Bureau of Economic Research, Inc, number kend80-1, January.
    6. Jeffrey D. Sachs, 1979. "Wages, Profits, and Macroeconomic Adjustment: A Comparative Study," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 10(2), pages 269-332.
    7. Michael Bruno, 1981. "Raw Materials, Profits, and the Productivity Slowdown (Rev)," NBER Working Papers 0660, National Bureau of Economic Research, Inc.
    8. Schankerman, Mark, 1981. "The Effects of Double-Counting and Expensing on the Measured Returns to R&D," The Review of Economics and Statistics, MIT Press, vol. 63(3), pages 454-458, August.
    9. Frank Gollop & Dale Jorgenson, 1980. "US Productivity Growth by Industry, 1947–73," NBER Chapters, in: New Developments in Productivity Measurement and Analysis, pages 15-136, National Bureau of Economic Research, Inc.
    10. Zvi Griliches & Jacques Mairesse, 1981. "Productivity and R and D at the Firm Level," NBER Working Papers 0826, National Bureau of Economic Research, Inc.
    11. Zvi Griliches & Frank R. Lichtenberg, 1982. "R and D and Productivity at the Industry Level: Is There Still a Relationship?," NBER Working Papers 0850, National Bureau of Economic Research, Inc.
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