search query: @indexterm productivity measurement / total: 189
reference: 8 / 189
| Author: | Conley, T. G. Dupor, B. |
| Title: | A Spatial Analysis of Sectoral Complementarity |
| Journal: | Journal of Political Economy
2003 : APR, VOL. 111:2, p. 311-352 |
| Index terms: | ECONOMETRICS ECONOMETRIC MODELS PRODUCTIVITY MEASUREMENT USA |
| Language: | eng |
| Abstract: | This paper presents a spatial econometric method for characterizing productivity comovement across sectors of the U.S. economy. The authors construct two different economic distance measures. One metric implies that two sectors are close to one another if they use inputs of other industrial sectors in nearly the same proportion, and the other metric implies that sectors are close if their outputs are used by the same sectors. The model holds that covariance in productivity growth across sectors is a function of economic distance. The authors test and reject the hypothesis that these correlations are due to a common shock. |
SCIMA