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Pieter (Jop) WOLTJER

Postdoc Economic History – University of Groningen

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Innovation

Column: Historical Productivity Growth from Run of the Mill Industries

Evidence from the United States

Historically, productivity growth was not all about high tech sectors and research and development (R&D) expenditure. A new study published The Economic Journal finds that the great majority of productivity originated in other, more ‘run-of-the-mill’ industries. Continue reading “Column: Historical Productivity Growth from Run of the Mill Industries”

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Article: The Composition of Capital and Cross-country Productivity Comparisons

ABSTRACT: The role of physical capital is typically found to be limited in accounting for differences in GDP per worker, but this result may be because capital is customarily assumed to be a homogenous unit. This assumption is misleading,  Continue reading “Article: The Composition of Capital and Cross-country Productivity Comparisons”

Article: The Sources of Growth in a Technologically Progressive Economy

The United States, 1899-1941

ABSTRACT: We develop new aggregate TFP growth estimates for the United States between 1899 and 1941, and sectoral estimates at the most disaggregated level so far, 38 industries. We include hard-to-measure services, and a refined measure of sectoral labour quality growth.  Continue reading “Article: The Sources of Growth in a Technologically Progressive Economy”

Working Paper: What is new in PWT 9.1?

ABSTRACT: The release of the Penn World Table version 9.1 is the fourth release since the switch to the ‘Next Generation of the Penn World Table’, see Feenstra, Inklaar and Timmer (2015). PWT 9.1 does contain important new and revised data. Continue reading “Working Paper: What is new in PWT 9.1?”

Working Paper: WIOD Socio-Economic Accounts 2016

ABSTRACT: This document describes the sources and methods used for estimation of data on capital stocks and employment variables for the 43 countries included in the WIOD 2016 database, called the Socio-Economic Accounts (SEAs). Continue reading “Working Paper: WIOD Socio-Economic Accounts 2016”

Chapter: Frontier Analysis

Frontier Analysis

ABSTRACT: A great deal of research in economics and business is devoted to the study of efficiency of individuals, organisations or entire economies. This chapter introduces a family of innovative techniques  Continue reading “Chapter: Frontier Analysis”

Working Paper: The Sources of Growth in a Technologically Progressive Economy

The United States, 1899-1941

ABSTRACT: We develop new aggregate and sectoral Total Factor Productivity (TFP) estimates for the United States between 1899 and 1941 through better coverage of sectors and better-measured labor quality, and find TFP-growth was lower than previously thought, Continue reading “Working Paper: The Sources of Growth in a Technologically Progressive Economy”

Article: The Yankees of Europe?

A New View on Technology and Productivity in German Manufacturing in the Early Twentieth Century

ABSTRACT: Labor productivity in German manufacturing lagged persistently behind the United States in the early twentieth century. Traditionally, this is attributed to dichotomous technology paths across the Atlantic. Continue reading “Article: The Yankees of Europe?”

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