Messprobleme bei der Ermittlung des Wachstums der Arbeitsproduktivität - dargestellt anhand eines Vergleichs der Schweiz mit den USA / Measurement Problems with Respect to Labour Productivity Growth - Illustrated by a Comparison of Switzerland with the United States

Jochen Hartwig

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2006, vol. 226, issue 4, 418-435

Abstract: The paper shows that the assessment of the speed of productivity growth crucially depends on how one chooses to measure value added. According to a widely held view, the growth rate of labour productivity has increased significantly in the U.S. since the mid-90s. The U.S. is perceived to outperform most European countries in this respect by a wide margin. Comparing the U.S. with Switzerland, we show this view to rely - at least in part - on statistical artefacts.

Keywords: Productivity measurement; deflation methods; statistical artefacts; USA; Switzerland (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:226:y:2006:i:4:p:418-435

DOI: 10.1515/jbnst-2006-0405

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