The 1990s acceleration in labor productivity: causes and measurement. From: Federal Reserve Bank of St. Louis Review | Date: May 1, 2006| Author: | COPYRIGHT 2006 Federal Reserve Bank of St. Louis. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The acceleration of labor productivity growth that began during the mid-1990s is the defining economic event of the past decade. A consensus has arisen among economists that the acceleration was caused by technological innovations that decreased the quality-adjusted prices of semiconductors and related information and communications technology (ICT) products, including digital computers. In sharp contrast to the previous 20 years, services-producing sectors--heavy users of ICT products--led the productivity increase, besting even a robust manufacturing sector. In this article, the ...

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

	Labor productivity growth: miracle or mirage?(Brief Article) ; ...acceleration in labor productivity growth (measured as...profits. Rising productivity growth results in unit...profits. Nonfarm labor productivity increased by...the trend in labor productivity growth remains in the...
	Labor productivity growth across states.(Author Abstract) ; ...national level. Not only is labor productivity growth closely tied to gains...Moreover, trends in labor productivity growth figure prominently in...point boost in annual labor productivity growth. Similarly, labor productivity...
	Explaining a productive decade.(role of information technology industry in the United States productivity growth from 1995-2000)(Report) ; ...analysts expected that labor productivity growth would slow as IT investment...however, the pace of labor productivity growth has slowed considerably...are the prospects for labor productivity growth in coming years? Our...
	Perspectives on productivity growth. ; ...projecting productivity growth. FUNDAMENTAL SOURCES OF PRODUCTIVITY GROWTH It is difficult...growth in labor productivity. Arguably...behavior of productivity growth varies across...growth of labor productivity (output per...expands. 2. Labor ...
	The impact of productivity growth on U.S. agricultural prices. (Anthology) ; ...impact of the increased labor productivity growth on food prices is not...investigates the effects of labor productivity growth on U.S. agricultural...results indicate that labor productivity growth has had statistically...
	The 1990's acceleration in labor productivity: causes and measurement. ; ...Acceleration in Labor Productivity: Causes and...technology (ICT). Labor productivity is defined...growth of labor productivity seems to...period, annual labor productivity growth in the business...acceleration of labor productivity growth ...
	A Panel Discussion: Faster Productivity Growth--A New Economy?(Panel Discussion)(Statistical Data Included) ; ...HAPPENED TO PRODUCTIVITY GROWTH AND WHY. It...secret that U.S. labor productivity accelerated...happened to productivity growth and why. Steve...the rate of labor productivity growth that...observed pickup in labor productivity growth. David ...
	Will fast productivity growth persist? ; ...middle of 2004, productivity growth has averaged...sources of higher labor productivity. First, workers...2006) decompose labor productivity growth using annual...capital-deepening raised labor productivity growth relative to...
	Recent Productivity Growth: The Role of Information Technology and Other Innovations ; ...higher rate of productivity growth is staying...investment and labor productivity accelerated...Measured labor productivity growth went from...caused slower productivity growth. It was not...would cause labor productivity growth to slow ...
	Despite Weakness in the Economy, U.S. Productivity Growth Will Accelerate This Year, Says The Conference Board ; ...in 2007. At 1.1%, U.S. labor productivity growth continued to underperform...in at just 1.4%. U.S. labor productivity growth was close to that of...recorded the fastest labor productivity growth rate in the EU-15 at...

For more facts and information, see all results