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Generation and Distribution of Total Factor Productivity Gains in US Industries

  • Jean-Philippe Boussemart

    (University of Lille 3 and IESEG School of Management (LEM-CNRS))

  • Hervé Leleu

    ()

    (CNRS-LEM and IESEG School of Management)

  • Edward Mensah

    (University of Illinois at Chicago and IESEG-School of Management)

This study estimates productivity gains and their distribution among inputs and outputs for American industries over the period 1987-2011 using the traditional surplus accounting method. Total Factor Productivity (TFP) change is traditionally defined as the growth rate of output minus the growth rate of inputs. Since TFP changes determine welfare via price variations, a key issue is to assess which of the inputs and outputs recover price advantages.

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File URL: http://www.ieseg.fr/wp-content/uploads/2014-EQM-02_Boussemart.pdf
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Paper provided by IESEG School of Management in its series Working Papers with number 2014-EQM-02.

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Length: 25 pages
Date of creation: Jan 2014
Date of revision:
Handle: RePEc:ies:wpaper:e201402
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  1. Thomas Piketty & Emmanuel Saez, 2003. "Income Inequality In The United States, 1913-1998," The Quarterly Journal of Economics, MIT Press, vol. 118(1), pages 1-39, February.
  2. John W. Kendrick, 1961. "Productivity Trends in the United States," NBER Books, National Bureau of Economic Research, Inc, number kend61-1, June.
  3. Charles R. Hulten & Edwin R. Dean & Michael J. Harper, 2001. "New Developments in Productivity Analysis," NBER Books, National Bureau of Economic Research, Inc, number hult01-1, June.
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