MARC Record from Library of Congress

LEADER: 01885cam a22002897a 4500
001 2005615610
003 DLC
005 20050112072814.0
007 cr |||||||||||
008 050112s2004 mau sb 000 0 eng
010 $a 2005615610
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aNordhaus, William D.
245 10 $aRetrospective on the 1970s productivity slowdown$h[electronic resource] /$cWilliam Nordhaus.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2004
490 1 $aNBER working paper series ;$vworking paper 10950
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 1/12/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"The present study analyzes the "productivity slowdown" of the 1970s. The study also develops a new data set -- industrial data available back to 1948 -- as well as a new set of tools for decomposing changes in productivity growth. The major result of this study is that the productivity slowdown of the 1970s has survived three decades of scrutiny, conceptual refinements, and data revisions. The slowdown was primarily centered in those sectors that were most energy-intensive, were hardest hit by the energy shocks of the 1970s, and therefore had large output declines. In a sense, the energy shocks were the earthquake, and the industries with the largest slowdown were near the epicenter of the tectonic shifts in the economy"--National Bureau of Economic Research web site.
650 0 $aIndustrial productivity$zUnited States$xHistory.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 10950.
856 40 $uhttp://papers.nber.org/papers/W10950