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U.S. Productivity Performance in Perspective
John W. Kendrick
Vol. 26, No. 4 (October 1991), pp. 7-11
Published by: Palgrave Macmillan Journals
Stable URL: http://www.jstor.org/stable/23485828
Page Count: 5
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This article examines U.S. productivity performance since World War II, by subperiod, in relation to its record over the century since 1889. The U.S. record then is compared with that of other OECD countries after 1950. Results of a recent growth accounting model published by this author¹ are used to help explain variations in subperiod rates of productivity growth, particularly the 1973-81 slowdown and subsequent pickup, as well as the differences among nations in productivity trends.
Business Economics © 1991 Palgrave Macmillan Journals