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

Marcel Timmer and Robert Inklaar

No 200576, GGDC Research Memorandum from Groningen Growth and Development Centre, University of Groningen

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 (2)

Downloads: (external link)
http://irs.ub.rug.nl/ppn/275090957 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://irs.ub.rug.nl/ppn/275090957 [302 Found]--> https://irs.ub.rug.nl/ppn/275090957 [302 Found]--> https://www.rug.nl/research/portal/publications/pub(ecf89d2a-7b9c-4215-9843-82b27c831496).html [301 Moved Permanently]--> https://research.rug.nl/en/publications/pub(ecf89d2a-7b9c-4215-9843-82b27c831496).html)

Related works:
Working Paper: Productivity differentials in the U.S. and EU distributive trade sector: statistical myth or reality (2005)
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:rugggd:200576

Access Statistics for this paper

More papers in GGDC Research Memorandum from Groningen Growth and Development Centre, University of Groningen Contact information at EDIRC.
Bibliographic data for series maintained by Hanneke Tamling ().