The Boskin Commission Report After a Decade: Introduction to the Symposium and Implications for Productivity

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Abstract

This introduction to a symposium on the Boskin Commission Report after a decade establishes the importance of accurate price indexes for reliable productivity measurement. Triplett explains that a one percentage point upward bias in price indexes translates directly into a one percentage point downward bias in measured output and productivity growth, and surveys the five symposium papers which assess the Commission’s analysis, findings, and influence a decade after the 1996 final report.

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