Table 1

Contributions to growth in labor productivity, 1973–2008

1973–1995 1995–2000 2000–2008
Growth of labor productivity 1.47% 2.51% 2.50%
Contributions to growth from capital deepening 1.05 ppts. 1.39 ppts. 1.2 ppts.
IT capital deepening 0.46 1.09 0.6
Other capital, labor quality and adjustments to multifactor productivity 0.59 0.3 0.6
Contributions from multifactor productivity after adjustments 0.42 1.12 1.29
IT sectors 0.28 0.75 0.45
Other nonfarm business 0.14 0.37 0.84

Source: Adapted from Oliner and Sichel (2008)

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