Accounting for Growth in the Age of the Internet: The Importance of Output-Saving Technical Change
NBER Working Paper No. 23315
---- Acknowledgments ----
The views expressed in this paper are solely those of the authors and should not be attributed to any organization with which they are affiliated, including the Federal Reserve Bank of Philadelphia, the Federal Reserve System, or the National Bureau of Economic Research. Earlier versions of this paper were presented at the meeting of the Society for Economic Measurement, July 2016, in Thessaloniki, Greece; the Federal Reserve Day-Ahead Meeting on Productivity, September 2016, Cincinnati; the 2017 ASSA meetings in Chicago; and at the CRIW Workshop at the NBER Summer Institute, July 18, 2017. We thank Roger Betancourt, John Fernald, Brent Moulton, Dan Sichel, Chad Syverson, and the participants at the various presentations for their comments and suggestions on earlier drafts. Remaining errors and interpretations are our responsibility.
---- Disclosure of Financial Relationships for Charles Hulten ----
Hulten received honoraria and expenses as a visiting scholar at the Federal Reserve Bank of Philadelphia.