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The U.S. Productivity Slowdown and Its Relation to the Inflation Problem

Klein, Burton H. (1979) The U.S. Productivity Slowdown and Its Relation to the Inflation Problem. Social Science Working Paper, 286. California Institute of Technology , Pasadena, CA. (Unpublished) http://resolver.caltech.edu/CaltechAUTHORS:20171016-134005596

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Abstract

[Introduction] Numerous explanations for the productivity slowdown of the United States have been expounded by economists, business leaders, and politicians since it became painfully apparent in the early 1970s. With the imposition of a form of environmental regulation upon American industry in general not unlike that imposed by the Defense Department upon its contractors, the most connnonly given cause is government regulation. How else to explain the productivity slowdown?


Item Type:Report or Paper (Working Paper)
Additional Information:I want to thank David Feinstein for undertaking the statistical analysis described in Parts III and IV.
Group:Social Science Working Papers
Record Number:CaltechAUTHORS:20171016-134005596
Persistent URL:http://resolver.caltech.edu/CaltechAUTHORS:20171016-134005596
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:82377
Collection:CaltechAUTHORS
Deposited By: Jacquelyn Bussone
Deposited On:16 Oct 2017 21:12
Last Modified:17 Oct 2017 16:06

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