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Bottlenecks: Sectoral Imbalances and the US Productivity Slowdown

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NBER2023-07-01 更新2025-01-04 收录
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Despite the rapid pace of innovation in information and communications technologies (ICT) and electronics, aggregate US productivity growth has been disappointing since the 1970s. We propose and empirically explore the hypothesis that slow growth stems in part from an unbalanced sectoral

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2023-07-01
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