Discussion Paper

The Recent Slowdown in High-Tech Equipment Price Declines and Some Implications for Business Investment and Labor Productivity


Abstract: Investment in high-tech equipment spurred by rapidly falling prices has accounted for an important share of business investment and labor productivity growth since the 1970s.

https://doi.org/10.17016/2380-7172.1512

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Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2015-03-26

Number: 2015-03-26