The Origins Of Us Total Factor Productivity Growth In The Golden Age

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The Origins of U.S. Total Factor Productivity Growth in the Golden Age

Author : Alexander J. Field
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis The Origins of U.S. Total Factor Productivity Growth in the Golden Age by : Alexander J. Field

Download or read book The Origins of U.S. Total Factor Productivity Growth in the Golden Age written by Alexander J. Field and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A consideration of TFP growth in the United States during the golden age (1948-73) raises two related questions: on the one hand why was it so strong and on the other hand, why were TFP growth rates lower than they were during the Depression years (1929-41)? A continuing downward trend in TFP growth within manufacturing, and its declining share after World War II, help provide answers to the latter question. A persisting productivity windfall associated with the build out of the surface road infrastructure helps answer the former question. By adopting a longer historical perspective, we can move beyond understanding the golden age sui generis, and begin to see it instead as a period reflecting the persistence of trends and developments whose origins are to be found prior to the Second World War.

A Great Leap Forward

Author : Alexander J. Field
Publisher : Yale University Press
ISBN 13 : 0300168756
Total Pages : 399 pages
Book Rating : 4.3/5 (1 download)

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Book Synopsis A Great Leap Forward by : Alexander J. Field

Download or read book A Great Leap Forward written by Alexander J. Field and published by Yale University Press. This book was released on 2011-04-26 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This bold re-examination of the history of U.S. economic growth is built around a novel claim, that productive capacity grew dramatically across the Depression years (1929-1941) and that this advance provided the foundation for the economic and military success of the United States during the Second World War as well as for the golden age (1948-1973) that followed.Alexander J. Field takes a fresh look at growth data and concludes that, behind a backdrop of double-digit unemployment, the 1930s actually experienced very high rates of technological and organizational innovation, fueled by the maturing of a privately funded research and development system and the government-funded build-out of the country's surface road infrastructure. This significant new volume in the Yale Series in Economic and Financial History invites new discussion of the causes and consequences of productivity growth over the last century and a half and on our current prospects.

New Developments in Productivity Analysis

Author : Charles R. Hulten
Publisher : University of Chicago Press
ISBN 13 : 0226360644
Total Pages : 648 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis New Developments in Productivity Analysis by : Charles R. Hulten

Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Growth of the Italian Economy, 1820-1960

Author : Jon S. Cohen
Publisher : Cambridge University Press
ISBN 13 : 9780521666923
Total Pages : 156 pages
Book Rating : 4.6/5 (669 download)

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Book Synopsis The Growth of the Italian Economy, 1820-1960 by : Jon S. Cohen

Download or read book The Growth of the Italian Economy, 1820-1960 written by Jon S. Cohen and published by Cambridge University Press. This book was released on 2001-09-06 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brief, up-to-date account of Italy's transformation from an agrarian state to an industrial powerhouse.

The Rise and Fall of American Growth

Author : Robert J. Gordon
Publisher : Princeton University Press
ISBN 13 : 1400888956
Total Pages : 785 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Rise and Fall of American Growth by : Robert J. Gordon

Download or read book The Rise and Fall of American Growth written by Robert J. Gordon and published by Princeton University Press. This book was released on 2017-08-29 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.

Hamilton versus Wall Street

Author : Nancy Bradeen Spannaus
Publisher : iUniverse
ISBN 13 : 1532067550
Total Pages : 170 pages
Book Rating : 4.5/5 (32 download)

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Book Synopsis Hamilton versus Wall Street by : Nancy Bradeen Spannaus

Download or read book Hamilton versus Wall Street written by Nancy Bradeen Spannaus and published by iUniverse. This book was released on 2019-02-16 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hamilton versus Wall Street delves into the life and mind of Alexander Hamilton, focusing on his impact on the economic history of the United States. The author challenges the conventional portrayal of Hamilton as merely a financier, unveiling him as a statesman whose economic policy laid the foundation for the nation's prosperity and resilience against global imperialism. The book portrays Hamilton not as a follower of the British System but as the architect of the "American System of Economics," a doctrine adopted by influential presidents like Lincoln and Roosevelt to drive the nation toward prosperity. It answers questions such as, “What were Alexander Hamilton’s beliefs on economic growth?” and, “What was Hamilton’s economic plan?” This book about Alexander Hamilton allows readers to appreciate the power of political economy in shaping the nation's history. Hamilton's revolutionary economic principles, ensuring America's true independence, are presented as vital elements of the American Revolution, inviting readers to reassess their understanding of economic theories. Praised as a “thoughtful, well-written argument for Alexander Hamilton’s financial system as a guard against tyranny.” --- Kirkus Reviews Richard Sylla, author of Alexander Hamilton: The Illustrated Biography, “In our time of crumbling infrastructure, anemic economic growth, and dysfunctional government, Spannaus points to a better path, the American System of economic policy initiated by Alexander Hamilton more than two centuries ago. ... His policies made America great, and a return to them can make America great again.” “An excellent book that for me brought clarity to several threads that made up the fabric of Hamilton’s vision of a political economy for the post-war United States, a national country and not a collection of states....” --Douglas S. Hamilton, fifth great-grandson of Alexander Hamilton “Spannaus meticulously traces the origins and describes Hamilton's system (in contrast to the Jeffersonian/British system) and shows how it resulted in the economic growth that defines American enterprise. ... This book is a definite must-read.” --David J. Kent, author of Lincoln: The Fire of Genius; President, Lincoln Group of D.C. Inspired by Hamilton's genius and humanity, the author illuminates Hamilton's revolutionary economic ideas, compellingly exploring how Hamilton's ideas have shaped the nation and continue to resonate in today's economic landscape.

The Impulse Society

Author : Paul Roberts
Publisher : Bloomsbury Publishing USA
ISBN 13 : 1608198146
Total Pages : 321 pages
Book Rating : 4.6/5 (81 download)

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Book Synopsis The Impulse Society by : Paul Roberts

Download or read book The Impulse Society written by Paul Roberts and published by Bloomsbury Publishing USA. This book was released on 2014-09-02 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author of The End of Food argues that today's technologically driven, high-speed consumer economy is preventing the advancement of society and recovery from the recession, tracing three decades of economic decline while identifying possible resolutions.

Total Factor Productivity Growth and the Revision of Post-1870 British Economic History

Author : Stephen Nicholas
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (254 download)

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Book Synopsis Total Factor Productivity Growth and the Revision of Post-1870 British Economic History by : Stephen Nicholas

Download or read book Total Factor Productivity Growth and the Revision of Post-1870 British Economic History written by Stephen Nicholas and published by . This book was released on 1982 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The American Economy

Author : Anton Brender
Publisher : Centre for European Policy Studies
ISBN 13 : 9789461386755
Total Pages : 136 pages
Book Rating : 4.3/5 (867 download)

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Book Synopsis The American Economy by : Anton Brender

Download or read book The American Economy written by Anton Brender and published by Centre for European Policy Studies. This book was released on 2018-04-24 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each year, 25% of the world's output is produced by less than 5% of the planet's population. The juxtaposition of these two figures gives an idea of the power of the American economy. Not only is it the most productive among the major developed economies, but it is also a place where new products, services and production methods are constantly being invented. Even so, for all its efficiency and its capacity for innovation, the United States is progressively manifesting worrying signs of dysfunction. Since the 1970s, the American economy has experienced increasing difficulty in generating social progress. Worse still, over the past twenty years, signs of actual regression are becoming more and more numerous. How can this paradox be explained? Answering this question is the thread running throughout the chapters of this book. Anton Brender and Florence Pisani, economists with Candriam Investors Group, offer the reader an overview of the history and structure of the American economy, guided by a concern to shed light on the problems it faces today.

An Economic History of the United States

Author : Mark V. Siegler
Publisher : Springer
ISBN 13 : 1137393963
Total Pages : 496 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis An Economic History of the United States by : Mark V. Siegler

Download or read book An Economic History of the United States written by Mark V. Siegler and published by Springer. This book was released on 2017-09-02 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pioneering textbook takes a thematic approach to the subject, resulting in a comprehensive understanding of historic economic issues in the United States. Siegler takes a thematic approach, and provides both the theoretical foundations and historical background needed to gain an in-depth understanding of the subject. Every chapter examines a specific topic, and the chapters are linked to each other to provide an overall view. The chronological approach is represented with a useful timeline as an appendix to show where the specific topics fit in the chronology. Chapter topics include: long-run causes of economic growth; economic history of income and wealth inequality; slavery, segregation, and discrimination; immigration and immigration policies; and an economic history of recessions and depressions. This book is ideally suited as a primary text for undergraduate courses in US economic history, as well as suitable courses on history degree programmes.

NBER Macroeconomics Annual 2014

Author : Jonathan A. Parker
Publisher : University of Chicago Press
ISBN 13 : 022626887X
Total Pages : 444 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis NBER Macroeconomics Annual 2014 by : Jonathan A. Parker

Download or read book NBER Macroeconomics Annual 2014 written by Jonathan A. Parker and published by University of Chicago Press. This book was released on 2015-06-02 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twenty-ninth edition of the NBER Macroeconomics Annual continues its tradition of featuring theoretical and empirical research on central issues in contemporary macroeconomics. Two papers in this year’s issue deal with recent economic performance: one analyzes the evolution of aggregate productivity before, during, and after the Great Recession, and the other characterizes the factors that have contributed to slow economic growth following the Great Recession. Another pair of papers tackles the role of information in business cycles. Other contributions address how assumptions about sluggish nominal price adjustment affect the consequences of different monetary policy rules and the role of business cycles in the long-run decline in the share of employment in middle-wage jobs. The final chapter discusses the advantages and disadvantages of the elimination of physical currency.

An Extraordinary Time

Author : Marc Levinson
Publisher : Basic Books
ISBN 13 : 0465096565
Total Pages : 337 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis An Extraordinary Time by : Marc Levinson

Download or read book An Extraordinary Time written by Marc Levinson and published by Basic Books. This book was released on 2016-11-08 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The decades after World War II were a golden age across much of the world. It was a time of economic miracles, an era when steady jobs were easy to find and families could see their living standards improving year after year. And then, around 1973, the good times vanished. The world economy slumped badly, then settled into the slow, erratic growth that had been the norm before the war. The result was an era of anxiety, uncertainty, and political extremism that we are still grappling with today. In An Extraordinary Time, acclaimed economic historian Marc Levinson describes how the end of the postwar boom reverberated throughout the global economy, bringing energy shortages, financial crises, soaring unemployment, and a gnawing sense of insecurity. Politicians, suddenly unable to deliver the prosperity of years past, railed haplessly against currency speculators, oil sheikhs, and other forces they could not control. From Sweden to Southern California, citizens grew suspicious of their newly ineffective governments and rebelled against the high taxes needed to support social welfare programs enacted when coffers were flush. Almost everywhere, the pendulum swung to the right, bringing politicians like Margaret Thatcher and Ronald Reagan to power. But their promise that deregulation, privatization, lower tax rates, and smaller government would restore economic security and robust growth proved unfounded. Although the guiding hand of the state could no longer deliver the steady economic performance the public had come to expect, free-market policies were equally unable to do so. The golden age would not come back again. A sweeping reappraisal of the last sixty years of world history, An Extraordinary Time forces us to come to terms with how little control we actually have over the economy.

Economic Growth in Europe Since 1945

Author : N. F. R. Crafts
Publisher : Cambridge University Press
ISBN 13 : 9780521499644
Total Pages : 636 pages
Book Rating : 4.4/5 (996 download)

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Book Synopsis Economic Growth in Europe Since 1945 by : N. F. R. Crafts

Download or read book Economic Growth in Europe Since 1945 written by N. F. R. Crafts and published by Cambridge University Press. This book was released on 1996-04-18 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling volume re-examines the topic of economic growth in Europe after the Second World War. The contributors approach the subject armed not only with new theoretical ideas, but also with the experience of the 1980s on which to draw. The analysis is based on both applied economics and on economic history. Thus, while the volume is greatly informed by insights from growth theory, emphasis is given to the presentation of chronological and institutional detail. The case study approach and the adoption of a longer-run perspective than is normal for economists allow new insights to be obtained. As well as including chapters that consider the experience of individual European countries, the book explores general European institutional arrangements and historical circumstances. The result is a genuinely comparative picture of post-war growth, with insights that do not emerge from standard cross-section regressions based on the post-1960 period.

Cognitive Psychology

Author : R. Solso
Publisher :
ISBN 13 : 9781973199526
Total Pages : 291 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis Cognitive Psychology by : R. Solso

Download or read book Cognitive Psychology written by R. Solso and published by . This book was released on 2017-11 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is world famous book. One of the top sellers in the field, Cognitive Psychology is well-written, humorous and remains the most comprehensive and balanced text in the area of undergraduate cognition. The text features a sequential model of human cognition from sensation to perception, to attention, to memory, to higher-order cognition and features new cutting-edge coverage of consciousness, cognitive neuroscience, memory and forgetting and evolutionary psychology.

The Gilded Age

Author : Mark Twain
Publisher :
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Gilded Age by : Mark Twain

Download or read book The Gilded Age written by Mark Twain and published by . This book was released on 1904 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The European Economy Since 1945

Author : Barry Eichengreen
Publisher : Princeton University Press
ISBN 13 : 0691138486
Total Pages : 521 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The European Economy Since 1945 by : Barry Eichengreen

Download or read book The European Economy Since 1945 written by Barry Eichengreen and published by Princeton University Press. This book was released on 2008-07-21 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: However, this inheritance of economic and social institutions that was the solution until around 1973--when Europe had to switch from growth based on brute-force investment and the acquisition of known technologies to growth based on increased efficiency and innovation--then became the problem.

The Technology Trap

Author : Carl Benedikt Frey
Publisher : Princeton University Press
ISBN 13 : 0691210799
Total Pages : 488 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Technology Trap by : Carl Benedikt Frey

Download or read book The Technology Trap written by Carl Benedikt Frey and published by Princeton University Press. This book was released on 2020-09-22 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Industrial Revolution to the age of artificial intelligence, Carl Benedikt Frey offers a sweeping account of the history of technological progress and how it has radically shifted the distribution of economic and political power among society's members. As the author shows, the Industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of mechanization were devastating for large swaths of the population.These trends broadly mirror those in our current age of automation. But, just as the Industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same. Benedikt Frey demonstrates that in the midst of another technological revolution, the lessons of the past can help us to more effectively face the present. --From publisher description.