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Why Has Economic Growth Slowed When Innovation Appears to be Accelerating?

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NBER2018-04-01 更新2025-01-04 收录
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Measured between quarters with identical unemployment rates, U. S. economic growth slowed by more than half from 3.2 percent per year during 1970-2006 to only 1.4 percent during 2006-16, and only half of this GDP growth slowdown is accounted for diminished productivity growth. The paper starts from

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2018-04-01
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