PRODUCTIVITY, GROWTH, AND PUBLIC POLICY
Abstract
The document discusses a controversy now underway among economists and others concerned with understanding and analyzing economic growth. The controversy concerns the extent to which increases in total factor productivity are due to improvements in the quality of inputs in capital and labor, but are not fully reflected in the units used to measure these inputs.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 01, 1970
- Accession Number
- AD0712286
Entities
People
- Charles Wolf, Jr
Organizations
- RAND Corporation