new Gordon papers

Doug Henwood dhenwood at panix.com
Mon May 8 09:45:42 PDT 2000


Brad De Long wrote:


>Yes and yes...
>
>Analyzing multi-factor productivity in the computer-using sector
>masks the fact that in the past five years labor productivity in the
>computer-using sector has leaped ahead. The MFP analysis essentially
>says that this rise in labor productivity is to be expected given
>the extraordinarily large number of computers purchased...

So what's the DeLong posish on this controversy?

Doug



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