New Developments in Productivity Analysis

New Developments in Productivity Analysis

Charles R. Hulten, Edwin R. Dean, and Michael Harper

Print publication date: 2013

ISBN: 9780226360621

Publisher: University of Chicago Press

Abstract

The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. This book proposes approaches to these issues. The result is an exposition of contemporary productivity analysis.