NATIONAL BUREAU OF ECONOMIC RESEARCH, INC Productivity Program Meeting C. Lanier Benkard and Iain Cockburn, Organizers March 16, 2001 NBER's Offices 2nd Floor Conference Room 1050 Massachusetts Avenue Cambridge, Massachusetts PRELIMINARY PROGRAM THURSDAY, MARCH 15: 6:00 PM Group Dinner Royal Sonesta Hotel 5 Cambridge Parkway Cambridge, MA FRIDAY, MARCH 16: 8:15 AM Shuttle Van Departs Royal Sonesta Hotel for 1050 Mass. Avenue 8:30 AM Shuttle Van Departs Royal Sonesta Hotel for 1050 Mass. Avenue 8:30 AM Continental Breakfast 9:15 AM SANGIN PARK, State University of New York-Stony Brook Innovation-Adjusted Price Indexes for Pharmaceuticals 10:00 AM Break 10:15 AM LAURA BLOW and IAN CRAWFORD, IFS Valuing a New Good 11:00 AM Break 11:15 AM ARIEL PAKES, Harvard University and NBER Notes on Hedonics Price Indices with An Application to PC's 12:00 N Lunch 1:15 PM IGAL HENDEL, University of Wisconsin and NBER AVIV NEVO, UC, Berkeley and NBER Sales and Consumer Inventory Over, please! Productivity Program, Page 2: 2:00 PM Break 2:15 PM KEVIN STIROH, Federal Reserve Bank, New York Information Technology and the U.S. Productivity Revival: What Do the Industry Data Say? 3:00 PM Break 3:15 PM Roundtable: Business Methods Patents IAIN COCKBURN, Boston University and NBER ADAM JAFFE, Brandeis University and NBER JOSH LERNER, Harvard University and NBER 4:00 PM Adjourn 2/14/01