彼得森经济研究所-美国生产力复兴的案例-12页

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1、POLICYBRIEFthatthelong-rungrowthrateofrealGDPcouldexceed2.517-26TheCasepercent,asignificantpickupfromcurrentrates.1foranAmericanThisoutcomeismorelikelyinthecontextofasupportivepolicyenvironment.Tofostersuchanenvironment,theProductivityRevivalfederalgovernmentshouldexpanditssu

2、pportforbasicscien-tificresearch;allowmoreimmigrationbyhighlyskilledscien-tists,engineers,andentrepreneurs;andpreserveAmerica’sLeeBranstetterandDanielSichellongstandingcommitmenttoopentradeandinvestmentJune2017policies.Itshouldalsostrengthenthesafetynetratherthanparebacksuppo

3、rtforworkersdisplacedbytheinnovationsthatwilldrivefutureproductivitygrowth.AdditionalpolicyLeeBranstetterisaprofessorofeconomicsandpublicpolicyatCarnegieMellonUniversityandanonresidentseniorfellowinterventions(describedinthisPolicyBrief)arerequiredtoatthePetersonInstituteforI

4、nternationalEconomics.Danieltakefulladvantageofneweducationaltechnologies.IftheySichelisaprofessorofeconomicsatWellesleyCollege.TheythankDavidByrne,RobertGordon,RobinMcKnight,Stephenavoidpolicyerrors,PresidentTrumporhissuccessorcouldOliner,RobertSolow,SteveWeisman,andthesenio

5、rfellowshavethegoodfortuneofpresidingoveraproductivityrevival.ofthePetersonInstituteforhelpfulcomments.Sichelreceivedmaterialfinancialsupportoverthepastyearforrelatedpro-ductivityandpricemeasurementresearchfromtheFederalHISTORICALUPSANDDOWNSOFReserveBankofBoston,wherehewasavi

6、sitingscholar,aswellasfromtheBureauofEconomicAnalysisandtheNationalPRODUCTIVITYGROWTHTelecommunicationsandInformationAdministration.Recentweakperformanceofproductivityhaspersuaded©PetersonInstituteforInternationalEconomics.manyobserversthattheeconomyfacesableak“newAllrightsre

7、served.2normal.”AccordingtoRobertGordon(aleadingproduc-tivityexpertandprofessorofeconomicsatNorthwesternLaborproductivityperformanceintheUnitedStateshasUniversity),theimpactoftoday’sdigitalinnovationscannotbeendismalformorethanadecade.Butproductivitycomparewiththefundamentalt

8、echnologicaldevelopmentsslowdowns—evenlengthyones—arenothingnewinUS(