美国活力的消亡被过分夸大了——但并非一切都好

ERN: Productivity (Topic) Pub Date : 2015-01-26 DOI:10.2139/ssrn.2557154

A. Bhide

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引用次数: 1

摘要

对全要素生产率的估计是建立在排除分散的、基础广泛的创新的假设之上的，而这种创新是资本主义经济活力的基础。因此，生产率标准衡量指标的下降——这与大多数日常经验背道而驰——并不值得警惕。然而，我们应该关注的是，临时成立但前景光明的新企业数量正在减少。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The Demise of US Dynamism Is Vastly Exaggerated – But Not All Is Well

Estimates of total factor productivity are based on assumptions that preclude the decentralized, broad-based innovation that undergirds the dynamism of capitalist economies. Thus the decline in standard measures of productivity – which fly in the face of most everyday experience – is not a cause for alarm. We should however be concerned by the declining numbers of improvised but promising new businesses.

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ERN: Productivity (Topic)

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