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1 Ali Dogramaci and Nabil R. Adam 1.1. OVERVIEW With the decline of U.S. productivity growth, interest has surged to under stand the behavior of productivity measures through time, the conceptual foundations of productivity analysis, and the linkage between productivity performance and other major forces in the economy. The purpose of this volume is to present a brief overview of some of the concepts used in aggre gate and industry-level productivity analyses and the results of some of the recent research in this field. The book is divided into three parts. Part I covers some of the methodo logical approaches used in aggregate and industry-level productivity studies. Part II deals with the movement of labor productivity measures through time. The papers in this part of the book study productivity changes as uni variate time series and analyze some of the characteristics of the patterns displayed. The papers in Part III address the issues of measurement of capi tal, the relation of capital formation to productivity growth, and the rela tion of imported intermediate inputs to U.S. productivity performance.
List of contents
1 Introduction.- 1 Introduction.- I Methodological Approaches.- 2 Methodological Issues in Aggregate Productivity Analysis.- 3 Technological Change and Productivity in Input-Output Analysis and the Potential of Sectoral Optimization Models.- II Labor Productivity Patterns Through Time.- 4 On the Interpretation of Industry Productivity Indexes.- 5 The Asymmetric Behavior of Labor Productivity during the Business Cycle.- III Measurement Issues and Productivity Relationships.- 6 Technical Change, Capital Investment, and Productivity in U.S. Metalworking Industries.- 7 The Role of Capital Formation in the Recent Slowdown in Productivity Growth.- 8 Imported Intermediate Input: Its Impact on Sectoral Productivity in U.S. Manufacturing.- Name Index.
