Technology, Productivity, and Economic Growth (National Bureau of Economic Research Studies in Income and Wealth)

By: Susanto Basu, Lucy Eldridge, John Haltiwanger, and Erich Strassner

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Synopsis: A wide-reaching exploration of how technological advancements influence and shape productivity and economic growth. Current technological developments in several industries, such as the rise of artificial intelligence and innovations associated with the green energy transition, are likely to have significant and wide-ranging effects. This volume explores the implications of rapid changes in advanced technology and considers how to conceptualize and model these advances and improve measures of productivity and economic growth. The study of these issues is facilitated both by new methods for using and integrating disparate data sources and by the availability of new data sources. The chapters in this volume leverage these developments to offer fresh insights into long-standing issues in productivity analysis and technological change.