General Purpose Technologies and Surges in Productivity: Historical Reflections on the Future of the ICT Revolution.
The phenomenon of recurring prolonged swings in the total factor productivity (TFP) growth rate is approached in this paper by examining a particular episode in earlier twentieth century economic history. A marked acceleration of productivity growth in U.S. manufacturing occurred after World War I,...
| Main Authors: | , |
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| Format: | Book section |
| Language: | English |
| Published: |
Oxford University Press
2003
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