Publication: Journal of Economic Education
Volume: Volume 15, No. 3
Issue: Summer 1984
Pages: pp. 217-225
Author(s): William J. Baumol
Title: U.S. Competitiveness and the Productivity Gap
Abstract: Baumol examines some of the causes and consequences of the lag in productivity growth in the United States. To remedy the situation, he stresses the strategic role of investment expenditures and warns of the long-run dangers of not addressing the problems involved.