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- W644264881 abstract "This article notes America's slipping productivity growth rate, and notes a hypothesis offered by a recent study which relates it to America's failure to maintain the infrastructure. The study suggests that America's failure to maintain an adequate growth in such aspects as highways, mass transit, airports, and sewers may underlie the much-lamented but poorly understood productivity slowdown. International comparisons corroborate the relationship. Among seven countires, the U.S. had both the slowest rate of productivity growth and the lowest ratio of public investment to GNP from 1973 to 1985. The study showed that only nonmilitary investment is associated with higher productivity. It was found that investments in core infrastructure elements such as airports, highways, mass transit, and gas, water and sewage facilities have the strongest association with private sector productivity." @default.
- W644264881 created "2016-06-24" @default.
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- W644264881 date "1988-08-29" @default.
- W644264881 modified "2023-09-24" @default.
- W644264881 title "ECONOMIC VIEWPOINT. ARE CRUMBLING HIGHWAYS GIVING PRODUCTIVITY A FLAT" @default.
- W644264881 hasPublicationYear "1988" @default.
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