Abstract

http://ssrn.com/abstract=1707861
 
 

Citations (6)



 


 



Revisiting U.S. Productivity Growth Over the Past Century with a View of the Future


Robert J. Gordon


Northwestern University - Department of Economics; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR)

September 2010

CEPR Discussion Paper No. DP7991

Abstract:     
This paper provides three perspectives on long-run growth rates of labor productivity (LP) and of multi-factor productivity (MFP) for the U. S. economy. It extracts statistical growth trends for labor productivity from quarterly data for the total economy going back to 1952, provides new estimates of MFP growth extending back to 1891, and tackles the problem of forecasting LP and MFP twenty years into the future.

Number of Pages in PDF File: 48

Keywords: capital quality, human capital, labor quality, labour productivity, long-term economic growth, multi-factor productivity, U. S. economic history

JEL Classification: D24, E01, E22, N1, N11, N12

working papers series





Date posted: November 14, 2010  

Suggested Citation

Gordon, Robert J., Revisiting U.S. Productivity Growth Over the Past Century with a View of the Future (September 2010). CEPR Discussion Paper No. DP7991. Available at SSRN: http://ssrn.com/abstract=1707861

Contact Information

Robert J. Gordon (Contact Author)
Northwestern University - Department of Economics ( email )
2003 Sheridan Road
Evanston, IL 60208
United States
847-491-3616 (Phone)
847-491-5427 (Fax)
HOME PAGE: http://faculty-web.at.northwestern.edu/economics/g
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
Feedback to SSRN


Paper statistics
Abstract Views: 391
Downloads: 10
Citations:  6

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo1 in 0.562 seconds