The productivity slowdown of the 1970s and 1980s and the resumption
of productivity growth in the 1990s have provoked controversy among
policymakers and researchers. Economists have been forced to
reexamine fundamental questions of measurement technique. Some
researchers argue that econometric approaches to productivity
measurement usefully address shortcomings of the dominant index
number techniques while others maintain that current productivity
statistics underreport damage to the environment. In this book, the
contributors propose innovative approaches to these issues. The
result is a state-of-the-art exposition of contemporary
productivity analysis.
Charles R. Hulten is professor of economics at the University of
Maryland. He has been a senior research associate at the Urban
Institute and is chair of the Conference on Research in Income and
Wealth of the National Bureau of Economic Research. Michael Harper
is chief of the Division of Productivity Research at the Bureau of
Labor Statistics. Edwin R. Dean, formerly associate commissioner
for Productivity and Technology at the Bureau of Labor Statistics,
is adjunct professor of economics at The George Washington
University.
General
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