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Productivity growth and the retail sector

Author

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  • Mark Doms

Abstract

This Economic Letter focuses on productivity growth in one area of the economy: the retail trade industry. Although strong productivity growth is often associated with high-tech industries (such as semiconductor manufacturing), the retail sector has enjoyed above average productivity growth and contributed significantly to the acceleration in productivity at the national level. In addition, the retail trade industry highlights the diverse forces involved in the evolution of productivity growth.

Suggested Citation

  • Mark Doms, 2004. "Productivity growth and the retail sector," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue dec17.
    • Handle: RePEc:fip:fedfel:y:2004:i:dec17:n:2004-37
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    File URL: http://www.frbsf.org/publications/economics/letter/2004/el2004-37.pdf
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    References listed on IDEAS

    as
    1. Shawn D Klimek & Ron S Jarmin & Mark E Doms, 2002. "IT Investment and Firm Performance in U.S. Retail Trade," Working Papers 02-14, Center for Economic Studies, U.S. Census Bureau.
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    Cited by:

    1. Cette, Gilbert & Fernald, John & Mojon, Benoît, 2016. "The pre-Great Recession slowdown in productivity," European Economic Review, Elsevier, vol. 88(C), pages 3-20.
    2. Koji Nakamura & Sohei Kaihatsu & Tomoyuki Yagi, 2018. "Productivity Improvement and Economic Growth," Bank of Japan Working Paper Series 18-E-10, Bank of Japan.
    3. Nakamura, Koji & Kaihatsu, Sohei & Yagi, Tomoyuki, 2019. "Productivity improvement and economic growth: lessons from Japan," Economic Analysis and Policy, Elsevier, vol. 62(C), pages 57-79.
    4. Richard Dion & Robert Fay, 2008. "Understanding Productivity: A Review of Recent Technical Research," Discussion Papers 08-3, Bank of Canada.
    5. Richard B. Freeman & Alice O. Nakamura & Leonard I. Nakamura & Marc Prud’homme & Amanda Pyman, 2011. "Wal‐Mart innovation and productivity: a viewpoint," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 44(2), pages 486-508, May.

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    Keywords

    Retail trade; Productivity;

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