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"Implications for Tax Policy of Lower Trend Productivity Growth". Peterson Institute for International Economics, November 2017.
Goldman Sachs has shaved its estimate of trend productivity growth to 2%.
My colleague notes there's a healthy debate going on about whether trend productivity has slowed.
Today's best guess is that trend productivity growth is a little over 2%.
Today's best guess is that trend productivity growth is around 2-2.5 2-2.5%
But if trend productivity has slowed, there will be less growth to divvy up.
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He has been involved in research efforts on global economic and business trends, productivity, growth, and innovation in china and Asia.
The present study validated the decreasing trend in productivity with the increase of brine depth and showed that the still productivity could be influenced by the brine depth by up to 48%.
The trend of productivity does not look too good either.
Had that trend continued, productivity would have been 15% higher than it was before the recession.
The trend in productivity has been fairly weak in recent years.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com