The Early 21st Century U.S. Productivity Expansion is Still in Services
Labour productivity in the U.S. non-farm business sector grew two and a half per cent per year during the 1995-2005 period, nearly double its growth rate over the previous two decades. Services sector labour productivity (LP) and multifactor productivity (MFP) grew more rapidly and substantially exc...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Centre for the Study of Living Standards
2007-04-01
|
Series: | International Productivity Monitor |
Subjects: | |
Online Access: | http://www.csls.ca/ipm/14/IPM-14-bosworth-e.pdf |