Abstract
This paper is a very brief treatment of three questions relating to the history of our economic growth since the Civil War: (1) How large has been the net increase of aggregate output per capita, and to what extent has this increase been obtained as a result of greater labor or capital input on the one hand and of a rise in productivity on the other? (2) Is there evidence of retardation, or conceivably acceleration, in the growth of per capita output? (3) Have there been fluctuations in the rate of growth of output, apart from the shortterm fluctuations of business cycles, and, if so, what is the significance of these swings?
Keywords
Resource (disambiguation)Natural resource economicsEnvironmental scienceComputer scienceEconomics
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Publication Info
- Year
- 1989
- Type
- book-chapter
- Pages
- 127-147
- Citations
- 1263
- Access
- Closed
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Cite This
Moses Abramovitz
(1989).
Resource and output trends in the United States since 1870.
Cambridge University Press eBooks
, 127-147.
https://doi.org/10.1017/cbo9780511664656.005
Identifiers
- DOI
- 10.1017/cbo9780511664656.005