"Using 'Insider Econometrics' to Study Productivity"
©
American Economic Review,
May
2004
Volume: 94
|
Issue: 2
|
Pages: 217-23
Publication type: Journal article
Research Archive Topic: Business Economics and Public Policy
Abstract
Griliches' 1994 presidential address considers the limited success economists had in trying to account for the productivity slowdown of the 1970s and 1980s and "urges us toward the task of observation and measurement." In the 1990s, the high rates of productivity growth emphasized the need for new models of productivity, this time turning to estimating organization-level determinants of productivity focusing on businesses' use of new computer-based information technologies (IT), and new methods of work organization (Timothy Bresnahan et al., 2002). In this paper, we take up the charge to develop new data and new methods for modeling the productivity of organizations. We summarize three methods for assembling data for an "insider econometrics" study of the productivity of organizations, and we illustrate one method that we refer as "informed survey analysis."
Copyright © 2004 by the American Economic Association.
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