Intangibles, Markups, and the Measurement of Productivity Growth
收藏NBER2021-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w29109
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资源简介:
In recent years, measured TFP growth in the US has declined. We argue that two forces contributed to this decline: the mismeasurement of intangible capital, and rising markups. Markups affect input shares, while intangibles omitted from measures of investment affect measured capital growth, each
提供机构:
美国国家经济研究局
创建时间:
2021-08-01



