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Why is productivity slowing down?

Goldin, Ian et al.
Munich Personal RePEc Archive · Reports
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capacitycapitalcost
We review recent research on the slowdown of labor productivity and examine the contribution of different explanations to this decline. Comparing the post-2005 period with the preceding decade for five advanced economies, we seek to explain a slowdown of 0.8 to 1.8pp. We trace most of this to lower
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