Do technology shocks lead to productivity slowdowns? : evidence from patent data /

This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The benchmark measure of technological progress is given by data on patent applications in the U.S. over the period 1889-2002. The analysis shows that labor productivity may temporarily fal...

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Bibliographic Details
Main Author: Christiansen, Lone Engbo (Author)
Corporate Author: International Monetary Fund Research Department
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, Research Department, c2008
[Washington, D.C.?] : International Monetary Fund, ©2008
Washington, D.C. : 2008
Series:IMF Working Papers ; Working Paper No. 08/24
IMF eLibrary
IMF working paper ; WP/08/24
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Massachusetts Institute of Technology

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Call Number: HG3810.I45 no.WP/08/24