Labor Productivity: Structural Change and Cyclical Dynamics

A longstanding issue in empirical economics is the behavior of average labor productivity over the business cycle. This paper provides new insights into the cyclicality of aggregate labor productivity by examining the cyclical behavior of productivity at the plant level as well as the role of reallo...

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Veröffentlicht in:	The review of economics and statistics 2001-08, Vol.83 (3), p.420-433
Hauptverfasser:	Baily, Martin Neil, Bartelsman, Eric J., Haltiwanger, John
Format:	Artikel
Sprache:	eng
Schlagworte:	Business cycles Capital costs Economic fluctuations Employment Industrial productivity Industry Labor market Labor productivity Plants Procyclicality Productivity Service industries Statistical analysis Studies
Online-Zugang:	Volltext
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