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The 1990s Acceleration in Labor Productivity: Causes and Measurement

Version
v0
Resource Type
Dataset : survey data
Creator
  • Anderson, Richard G. (Federal Reserve Bank of St. Louis)
  • Kliesen, Kevin L. (Federal Reserve Bank of St. Louis)
Other Title
  • Archival Version (Subtitle)
Publication Date
2006-11-29
Funding Reference
  • Federal Reserve Bank of St. Louis. Research Division
Language
English
Free Keywords
communications systems; labor productivity; technological change
Description
  • Abstract

    The acceleration of labor productivity growth that began during the mid-1990s is the defining economic event of the past decade. A consensus has arisen among economists that the acceleration was caused by technological innovations that decreased the quality-adjusted prices of semiconductors and related information and communications technology (ICT) products, including digital computers. In sharp contrast to the previous 20 years, services-producing sectors heavy users of ICT products-led the productivity increase, besting even a robust manufacturing sector. In this article, the authors survey the performance of the services-producing and goods-producing sectors and examine revisions to aggregate labor productivity data of the type commonly discussed by policymakers. The revisions, at times, were large enough to reverse preliminary conclusions regarding productivity growth slowdowns and accelerations. The anticipated acceleration in the services sector and the large size of revisions to aggregate data combine to shed light on why economists were slow to recognize the productivity acceleration.
  • Table of Contents

    Datasets:

    • DS1: Dataset
Geographic Coverage
  • United States
Collection Mode
  • (1) The file submitted is the data file 0605rad.xls. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.

Availability
Delivery
This version of the study is no longer available on the web. If you need to acquire this version of the data, you have to contact ICPSR User Support (help@icpsr.umich.edu).
Alternative Identifiers
  • 1335 (Type: ICPSR Study Number)
Relations
  • Is previous version of
    DOI: 10.3886/ICPSR01335.v1
Publications
  • Anderson, Richard G., Kliesen, Kevin L.. The 1990s acceleration in labor productivity: Causes and measurement. Federal Reserve Bank of St. Louis Review.88, (3), 181-202.2006.

Update Metadata: 2015-08-05 | Issue Number: 6 | Registration Date: 2015-06-15

Anderson, Richard G.; Kliesen, Kevin L. (2006): The 1990s Acceleration in Labor Productivity: Causes and Measurement. Archival Version. Version: v0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/ICPSR01335