The Early 21st Century U.S. Productivity Expansion is Still in Services

Labour productivity in the U.S. non-farm business sector grew two and a half per cent per year during the 1995-2005 period, nearly double its growth rate over the previous two decades. Services sector labour productivity (LP) and multifactor productivity (MFP) grew more rapidly and substantially exc...

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Bibliographic Details
Main Authors: Barry P. Bosworth, Jack E. Triplett
Format: Article
Language:English
Published: Centre for the Study of Living Standards 2007-04-01
Series:International Productivity Monitor
Subjects:
Online Access:http://www.csls.ca/ipm/14/IPM-14-bosworth-e.pdf