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July 1995

Manufacturing multifactor productivity in three countries

Wolodar Lysko

Multifactor productivity growth in the United States has been lower than the growth rates recorded by Germany and France since 1956, but only the U.S. rates show a pickup since the post 1973 shutdown. This article provides the first comparisons of multifactor productivity in international economies in an effort to understand what shapes international competitiveness and why labor productivity trends differ among countries.

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