Replication data for: Effects of Terms of Trade Gains and Tariff Changes on the Measurement of US Productivity Growth

Marshall B. Reinsdorf, Robert C. Feenstra, Benjamin R. Mandel & Matthew J. Slaughter
The acceleration in US productivity growth since 1995 is often attributed to declining prices for information technology (IT ) goods, and therefore enhanced productivity growth in that sector. We investigate an alternative explanation for these IT price movements: gains in the US terms of trade and tariff reductions, especially for IT products, which led to greater gains than shown by official indexes. We do not, however, investigate the indexes used to deflate the domestic absorption...
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