EconPapers    
Economics at your fingertips  
 

Productivity differentials in the U.S. and EU distributive trade sector: statistical myth or reality

Marcel Timmer () and Robert Inklaar ()

No 200501, CCSO Working Papers from University of Groningen, CCSO Centre for Economic Research

Abstract: In this paper we asses whether productivity growth differentials between the U.S. and Europe in the distributive trade sector are real or mainly a statistical myth. New estimates of retail trade productivity are constructed, taking into account purchase prices of goods sold. We also adjust U.S. wholesale productivity growth for the upward bias due to the use of constant-quality prices of ICT-goods sales. We find that multifactor productivity growth in the U.S. has been higher than in Europe after 1995, but that this lead is smaller than suggested by national accounts based estimates. This finding is robust for various productivity measurement models.

Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://irs.ub.rug.nl/ppn/277350247 (application/pdf)

Related works:
Working Paper: Productivity differentials in the U.S. and EU distributive trade sector: statistical myth or reality (2005) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gro:rugccs:200501

Access Statistics for this paper

More papers in CCSO Working Papers from University of Groningen, CCSO Centre for Economic Research Contact information at EDIRC.
Series data maintained by Hanneke Tamling ().

 
Page updated 2017-10-18
Handle: RePEc:gro:rugccs:200501