Productivity Growth And The Competitiveness Of The American Economy

Author : Stanley W. Black
Publisher : Springer Science & Business Media
Page : 164 pages
File Size : 47,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400924949

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Productivity Growth and the Competitiveness of the American Economy by Stanley W. Black Pdf

swollen with deutschemarks and yen newly created to purchase unwanted dollars from the markets. When the Bundesbank and the Bank of Japan began to raise their interest rates to slow domestic monetary expansion, the fabric of international monetary cooperation began to unravel. Amid charge and counter-charge by disgruntled fmance ministers, the dollar dropped further and interest rates jumped upward, leading to panic in the stock market on Black Monday. Fortunately, a steady hand and generous supply of credit from the Federal Reserve System prevented massive bankruptcies among Wall Street brokerage houses and a collapse of the credit system. But the world-wide reverberations of the Wall Street crash exposed the underlying weaknesses of an economy based on foreign borrowing for all to see. Furthermore, the banking system is saddled with mountains of bad debts from the Third World and depressed parts of the American economy. A new Administration entering office in 1989 must deal with these problems, among others. Businesses and state and local governments need to know whether to focus their efforts on tax policy, investment, and improvements in education and worker training, or lobbying for protection from imports. The papers in this volume were chosen to explain the causes of present competitive problems in American industry and the factors that can lead to their gradual solution.

Author : Committee for Economic Development
Publisher : New York : Oxford University Press
Page : 248 pages
File Size : 40,5 Mb
Release : 1985
Category : Business & Economics
ISBN : STANFORD:36105001943435

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Productivity Growth and U.S. Competitiveness by Committee for Economic Development Pdf

This collection of essays, written by a distinguished team of economists working with the Committee for Economic Development, provides an empirical analysis of this country's productivity problems as well as concrete recommendation for their solution. This collection of papers by leading economic authorities investigates an important topic - the slowdown in U.S. productivity. Individual papers discuss the dimensions of the economic problem, draw comparisons with other economies, especially Japan's, and suggest ways to increase U.S. productivity.

Author : United States. Panel on the American Economy: Employment, Productivity, and Inflation
Publisher : Unknown
Page : 100 pages
File Size : 52,9 Mb
Release : 1981
Category : Industrial productivity
ISBN : UIUC:30112070967408

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The American Economy by United States. Panel on the American Economy: Employment, Productivity, and Inflation Pdf

Author : Jack E. Triplett,Barry P. Bosworth
Publisher : Rowman & Littlefield
Page : 418 pages
File Size : 40,6 Mb
Release : 2004-09-21
Category : Business & Economics
ISBN : 9780815796633

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Productivity in the U.S. Services Sector by Jack E. Triplett,Barry P. Bosworth Pdf

The services industries—which include jobs ranging from flipping hamburgers to providing investment advice—can no longer be characterized, as they have in the past, as a stagnant sector marked by low productivity growth. They have emerged as one of the most dynamic and innovative segments of the U.S. economy, now accounting for more than three-quarters of gross domestic product. During the 1990s, 19 million additional jobs were created in this sector, while growth was stagnant in the goods-producing sector. Here, Jack Triplett and Barry Bosworth analyze services sector productivity, demonstrating that fundamental changes have taken place in this sector of the U.S. economy. They show that growth in the services industries fueled the post-1995 expansion in the U.S. productivity and assess the role of information technology in transforming and accelerating services productivity. In addition to their findings for the services sector as a whole, they include separate chapters for a diverse range of industries within the sector, including transportation and communications, wholesale and retail trade, and finance and insurance. The authors also examine productivity measurement issues, chiefly statistical methods for measuring services industry output. They highlight the importance of making improvements within the U.S. statistical system to provide the more accurate and relevant measures essential for analyzing productivity and economic growth.

Author : Anonim
Publisher : Unknown
Page : 228 pages
File Size : 54,8 Mb
Release : 1985
Category : Electronic
ISBN : 0195035267

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Productivity growth and U.S. competitiveness : a supplementary paper of the Committee for Economic Development by Anonim Pdf

Author : Dale Weldeau Jorgenson
Publisher : MIT Press
Page : 476 pages
File Size : 44,6 Mb
Release : 1995
Category : Business & Economics
ISBN : 0262100495

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Productivity: Postwar U.S. economic growth by Dale Weldeau Jorgenson Pdf

Postwar US Economic Growth traces the outstanding postwarperformance of the US economy to investments in tangible assets and human capital.

Author : Bert G. Hickman
Publisher : Oxford University Press
Page : 416 pages
File Size : 53,8 Mb
Release : 1992-03-26
Category : Business & Economics
ISBN : 9780195362282

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International Productivity and Competitiveness by Bert G. Hickman Pdf

This pathbreaking volume conveys the "state of the art" of contemporary research on productivity growth and international competitiveness--arguably the most important problems facing contemporary economics. Adopting a worldwide perspective that features comparative analyses of both industrialized and developing countries, the book assembles papers from an international roster of leading scholars who cover a wide range of complementary topics and approaches. A number of the papers attempt to increase the clarity of thinking about "competitiveness" by developing formal definitions of the concept and relating it to more conventional economics concepts such as productivity. Some provide a macroeconomic perspective whereas others compare cross-sections of individual industries across countries or analyze the efficacy of industrial policies to promote competitiveness. Among the common themes, which are highlighted in the editor's overview chapter, are the measurement of labor and total factor productivity, accounting for the sources of productivity growth, the use of purchasing power parity indexes in international comparisons of productivity levels, the worldwide productivity slowdown, the extent of productivity convergence among developed economies, the primacy of exchange rate fluctuations in short-term movements of competitiveness since the early 1970's, and the causes of the apparent loss of U.S. competitiveness during the 1980's.

Author : Robert D. Atkinson
Publisher : Edward Elgar Publishing
Page : 374 pages
File Size : 46,5 Mb
Release : 2004-01-01
Category : Business & Economics
ISBN : 1781008833

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The Past and Future of America's Economy by Robert D. Atkinson Pdf

"Anyone interested in American history as well as the future contours of our economy will find Dr. Atkinson's analyses a guide to the past and a provocative challenge for the future. Economists, business leaders, scholars, and economic policymakers will find it a necessary addition to the literature on economic cycles and growth economics."--BOOK JACKET.

Author : United States. Competitiveness Policy Council
Publisher : Unknown
Page : 50 pages
File Size : 52,8 Mb
Release : 1992
Category : Competition, International
ISBN : WISC:89056930738

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Annual Report to the President & Congress by United States. Competitiveness Policy Council Pdf

Author : OECD
Publisher : OECD Publishing
Page : 120 pages
File Size : 51,8 Mb
Release : 2015-12-11
Category : Electronic
ISBN : 9789264248533

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The Future of Productivity by OECD Pdf

This book addresses the rising productivity gap between the global frontier and other firms, and identifies a number of structural impediments constraining business start-ups, knowledge diffusion and resource allocation (such as barriers to up-scaling and relatively high rates of skill mismatch).

Author : Thomas J. Holmes,James Andrew Schmitz
Publisher : DIANE Publishing
Page : 41 pages
File Size : 53,9 Mb
Release : 2010
Category : Business & Economics
ISBN : 9781437934892

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Competition and Productivity by Thomas J. Holmes,James Andrew Schmitz Pdf

Does competition spur productivity? And if so, how? These have long been regarded as central questions in economics. The extent of competition can be influenced by policy decisions, so understanding how competition impacts productivity and, in turn, living standards is of more than academic importance. To fully answer these questions of whether, and how, an increase in competition impacts productivity, two issues must be addressed. First, the authors define what we mean by an ¿increase in competition.¿ Second, they attempt to understand the mechanisms through which competition impacts productivity. Both issues present substantial challenges, which the authors address. Illustrations. This is a print-on-demand publication; it is not an original.

Author : Alistair Dieppe
Publisher : World Bank Publications
Page : 552 pages
File Size : 53,8 Mb
Release : 2021-06-09
Category : Business & Economics
ISBN : 9781464816093

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Global Productivity by Alistair Dieppe Pdf

The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Author : Candace Howes
Publisher : University of Michigan Press
Page : 216 pages
File Size : 48,9 Mb
Release : 2000-04-06
Category : Business & Economics
ISBN : 9780472109838

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Competitiveness Matters by Candace Howes Pdf

DIVArgues that competitiveness is essential to the health of the U.S. economy and standard of living /div

Author : Dale Weldeau Jorgenson,Masahiro Kuroda,Kazuyuki Motohashi
Publisher : Edward Elgar Publishing
Page : 264 pages
File Size : 50,7 Mb
Release : 2007
Category : Asia
ISBN : UCSD:31822034672964

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Productivity in Asia by Dale Weldeau Jorgenson,Masahiro Kuroda,Kazuyuki Motohashi Pdf

'In recent years there have been huge improvements in the methods and data to measure and analyze the sources of economic growth around the world. This volume on the growth accounts for four core economies in East Asia is a vital contribution to our understanding of the dynamics of growth.' - Bart van Ark, University of Groningen, The Netherlands The outstanding economic performance of East Asian countries has been investigated in numerous studies. However, most comparative studies analyze macro-level productivity. In this book, the productivity performance of China, Korea, Japan, Taiwan and the United States are compared at industry level. The work is a result of an international collaborative research project by RIETI (Research Institute of Economy, Trade and Industry), Japan. The total factor productivity growth and level amongst these five countries sheds new light on the industrial competitiveness of growing Asian economies compared to Japan and the United States. In addition, this book provides detailed information on productivity datasets for these five countries. Productivity in Asia will strongly appeal to scholars of Asian studies, industrial organization and economics as well as those interested in productivity statistics.

Author : Martin Neil Baily,Gary Burtless,Robert E. Litan
Publisher : Brookings Institution Press
Page : 256 pages
File Size : 55,5 Mb
Release : 2010-12-01
Category : Business & Economics
ISBN : 9780815716310

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Growth with Equity by Martin Neil Baily,Gary Burtless,Robert E. Litan Pdf

For nearly two decades the U.S. economy has been plagued by two disturbing economic trends: the slowdown in the growth rates of productivity and average real wages and the increase in wage and income inequality. The federal budget is in chronic deficit. Imports have far exceeded exports for more than a decade. American competitiveness has been a source of concern for even longer. Many Americans worry that foreigners are buying up U.S. companies, that the economy is losing its manufacturing base, and that the gap between rich and poor is widening. In this book three of the nation's most noted economists look at the primary reasons for these trends and assess which of the many suggestions for change in policy—whether for increased tax incentives for investment, education reform, or accelerated research and development—are likely to work and which may not work and could even hinder economic development. The author's discuss a variety of issues connected with deindustrialization and diminished competitiveness, distinguishing between problems that would be of real concern and those that should not. They evaluate explanations for slow growth in aggregate productivity in the United States and its relation to slower growth in other industrialized countries. They discuss the performance of the various sectors of the U.S. economy and systematically examine the evidence for and against the major proposals for correcting the adverse trends in productivity and inequity. Growth With Equity clearly explains how the country can accomplish the challenge of accelerating growth and narrowing the gap that separates the rich from the poor. While recognizing that some of their recommendations may be politically painful, the authors stress the importance of adopting a purposeful, long-range policy to encourage growth, ensure equity, and reduce the government's equity.