Those questionable productivity numbers

[Peter Dorman <dormanp@xxxxxxxxxxxxx>]

Has Dean Baker or anyone else done a detailed analysis of the impact of
"quality" adjustments to the last few years' productivity and output data?
It would be nice to have some sensitivity analysis...

Peter

Michael Perelman wrote:

> Even worse, I think that the ability to measure productivity in general
> is pretty weak.
>
> Doug Henwood wrote:
>
> > There are loads of anomalies in the productivity stats. Nondurable
> > manufacturing productivity is flat; it's all concentrated in
> > durables, and within durables, in high-tech production. Service
> > productivity has picked up a bit, but not that profoundly. Looking at
> > the aggregate number is very misleading.
> >
> > Doug
>
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail michael@xxxxxxxxxxxxxxxxx