SESSION 5A: PRODUCTIVITY
研究了第一次世界大战后美国制造业全要素生产率增长的显著加速，归因于通用技术（电气化）的扩散与工业劳动力市场制度变革的共同作用。
A marked acceleration of total factor productivity (TFP) growth in U.S. manufacturing followed World War I. The paper analyzes this development, attributing it to the confluence of diffusion of a general-purpose-technology (electrification) with a regime change in the industrial labor market.