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RE: Re: Re: Those questionable productivity numbers
RE:
> 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...
Is the idea that price indexes understate the growth of quality (as claimed
by Boskin et al)? And, if so, that productivity measures are understated
when using these (too rapidly growing) price indexes.
But little compelling evidence exists that quality improvements are
understated when price indexes are generated.
Eric
Eric Nilsson
Economics
California State University, San Bernardino
San Bernardino, CA 91711
enilsson@xxxxxxxxx
- Thread context:
- Those questionable productivity numbers, (continued)
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