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Title: The "Weighty" Manufacturing Sector: Transforming Raw Materials into Physical Goods

Citation Type: Book, Section

Publication Year: 2022

ISBN: 9780226810782

DOI: 10.7208/chicago/9780226810645.001.0001

Abstract: Manufacturing has historically played a significant role in productivie and R&D. Jorenson (2001) suggests that advances in microprocessors alone were associated with 50 percent of total factor productivity growth in the US and worldwide in the 1990s. This outsided role in R&D and productivity appears to continue today, even with significant changes across the sector in technology and globalization. US manufacturing is a disproportionate source of private R&D spending relative to its share of employment and global value aded (GVA) and has higher an average labor productivity relative to other sectors.

Url: https://doi.org/10.7208/chicago/9780226810645.001.0001

User Submitted?: No

Authors: Fuchs, Erica R. H.; Combemale, Christophe; Whitefoot, Kate S.; Glennon, Britta

Editors: Andrews, Michael J; Chatterji, Aaron; Lerner, Josh; Stern, Scott

Pages:

Volume Title: The Role Of Innovation and Entrepreneurship in Economic Growth

Publisher: University of Chicago Press

Publisher Location:

Volume:

Edition:

Data Collections: IPUMS USA, IPUMS CPS

Topics: Other

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