UID:
almafu_9958112570402883
Format:
1 online resource:
,
illustrations (black and white);
Series Statement:
NBER working paper series no. w8475
Content:
This paper explores how accounting for variations in factor utilization rates alters the empirical characteristics of productivity residuals in the United States and Canada. Using data on 19 manufacturing industries, we study the behavior of productivity using three proxies for capital services. We find that adjusting for cyclical movements in capital utilization alters many of the empirical characteristics of productivity, both within and across countries.
Note:
September 2001.
Language:
English
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