The Productivity Slowdown: The Culprit at Last? Follow-Up on Hulten and Wolff

American Economic Review

Volumn 86, Issue 5, 1996, Pages 1239-1252

  Wolff, Edward N ^a  

^a NEW YORK UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0001231205     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (21)

1. Abramovitz, Moses. "Catch-Up and Convergence in the Postwar Growth Boom and After," in William J. Baumol, Richard R. Nelson, and Edward N. Wolff, eds., Convergence of productivity: Cross-national studies and historical evidence, New York: Oxford University Press, 1994, pp. 86-125.
2. Aschauer, David A. "Is Public Expenditure Productive?" Journal of Monetary Economics, March 1989a, 24(2), pp. 177-200.
3. _. "Public Investment and Productivity Growth in the Group of Seven." Economic Perspectives, Winter 1989b, 13(1), pp. 17-25.
4. Denison, Edward F. Accounting for slower economic growth. Washington, DC: Brookings Institution, 1979.
5. Gordon, Robert J. "The End of Expansion Phenomenon in Short-Run Productivity Behavior." Brookings Papers on Economic Activity, 1979, (2), pp. 447-61.
6. Griliches, Zvi. "Issues in Assessing the Contribution of Research and Development to Productivity Growth." Bell Journal of Economics, Spring 1979, 10(1), pp. 92-116.
7. Hulten, Charles R. "Growth Accounting When Technical Change Is Embodied in Capital." American Economic Review, September 1992, 82(4), pp. 964-80.
8. Kaldor, Nicholas. Strategic factors in economic development. Ithaca, NY: Cornell University Press, 1967.
9. Maddison, Angus. Phases of capitalist development. Oxford: Oxford University Press, 1982.
10. _. "Growth and Slowdown in Advanced Capitalist Economies: Techniques of Quantitative Assessment." Journal of Economic Literature, June 1987, 25(2), pp. 649-706.
11. _. Dynamic forces in capitalist development. Oxford: Oxford University Press, 1991.
12. _. "Standardized Estimates of Fixed Capital Stock: A Six Country Comparison." Innovazione e Materie Prime, April 1993a, pp. 1-29.
13. _. "Average Age Gross Stock of Non Residential Structures and of Machinery and Equipment." Worksheet data, 16 November, 1993b.
14. Mankiw, N. Gregory; Romer, David and Weil, David N. "A Contribution to the Empirics of Economic Growth." Quarterly Journal of Economics, May 1992, 107(2), pp. 407-38.
15. Nelson, Richard R. "Aggregate Production Functions and Medium-Range Growth Projections." American Economic Review, September 1964, 54(4), pp. 575-605.
16. Tatom, John A. "The Productivity Problem." Federal Reserve Bank of St. Louis Monthly Review, September 1979, pp. 3-16.
17. Verdoorn, P. J. "Fattori ehe regolano lo sviluppo della produttivita del lavoro." L'industria, 1949, 1, pp. 3-10.
18. White, H. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity." Econometrica, May 1980, 48(3), pp. 817-38.
19. Wolff, Edward N. "The Magnitude and Causes of the Recent Productivity Slowdown in the U.S.," in W. Baumol and K. McClennan, eds., Productivity growth and U.S. competitiveness. New York: Oxford University Press, 1985, pp. 29-57.
20. _. "Capital Formation and Productivity Convergence over the Long-Term." American Economic Review, June 1991, 81(3), pp. 565-79.
21. _. "Productivity Measurement within an Input-Output Framework." Regional Science and Urban Economics, February 1994, 24(1), pp. 75-92.