[PEN-L:2730] Re: 2 questions

["William S. Lear" <rael@xxxxxxxxxx>]

On Sat, January 30, 1999 at 19:05:13 (-0800) Michael Perelman writes:
>I was just reading an article by Robert Gordon about the low total
>factor productivity growth during the late 19th C.  I know that this was
>a period of rapid technical change.  I suspect that the low productivity
>growth was an artifact reflecting the highly competitive conditions at
>the time.
>
>1. Does anybody know of any work in considering the effect of
>competitive conditions on measured productivity?

I don't know if this is precisely what you want, but if you haven't
seen it, you might try William Lazonick's work, particularly:

William Lazonick, *Business Organization and the Myth of the Market
Economy* (Cambridge University Press, 1991)

William Lazonick, *Competitive Advantage on the Shop Floor* (Harvard
University Press, 1990)


Bill