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Pieter (Jop) WOLTJER

Postdoc Economic History – University of Groningen

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Total Factor Productivity

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”

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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: 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”

Column: Onwards and Upwards

American Productivity Growth during the Great Depression

The Great Depression is considered one of the darkest times for the US economy, but some argue that the US economy experienced strong productivity growth over the period. This column reassesses this performance using improved Continue reading “Column: Onwards and Upwards”

Working Paper: A Vision of the Growth Process in a Technologically Progressive Economy

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 show TFP-growth was lower than previously thought, broadly based across sectors Continue reading “Working Paper: A Vision of the Growth Process in a Technologically Progressive Economy”

Working Paper: The EU KLEMS Productivity Report

Issue 2

ABSTRACT: This report presents the second description of results obtained from the first release of the EU KLEMS Growth and Productivity Accounts, which have been released in March 2008. Continue reading “Working Paper: The EU KLEMS Productivity Report”

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