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Will the U.S. productivity resurgence continue?

Kevin Stiroh (), Dale W. Jorgenson and Mun Ho ()
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Dale W. Jorgenson: Harvard University

Current Issues in Economics and Finance, 2004, issue dec

Abstract: U.S. productivity growth has accelerated in recent years, despite a series of negative economic shocks. An analysis of the sources of this growth over the 1995-2003 period suggests that the production and use of information technology account for a large share of the gains. The authors project that during the next decade, private sector productivity growth will continue at a rate of 2.6 percent per year, a significant increase from their 2002 projection of 2.2 percent growth.

Keywords: Information technology; Productivity (search for similar items in EconPapers)
Date: 2004
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