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Prices of high-tech products, mismeasurement, and pace of innovation

Stephen Oliner (), Daniel Sichel () and David Byrne

AEI Economics Working Papers from American Enterprise Institute

Abstract: The authors argue that the pattern of multifactor productivity (MFP) growth across industries may presage a second wave of productivity advance supported by the digital economy.

Keywords: Innovation; technology; productivity; productivity growth (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2017-06
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Journal Article: Prices of high-tech products, mismeasurement, and the pace of innovation (2017) Downloads
Working Paper: Prices of High-Tech Products, Mismeasurement, and Pace of Innovation (2017) Downloads
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