What Do We Know About Economic and Productivity Growth? A Review Article on Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions

Abstract

"Measuring Economic Growth and Productivity" is not only a book on an essential topic, namely that of "growth and productivity", it is also a fabulous ensemble, bringing together contributions from many top specialists. But, in addition, it is a tribute to Dale W. Jorgenson, who has for decades been an exceptional contributor to gaining a better knowledge of the mechanisms of growth and productivity. The volume is dedicated to him. I was present in January 2020 at the annual IPM dinner at the AEA conference, when a preprint of the book was presented to him by the editor, Barbara Fraumeni. I openly admit that it was a very emotional moment.