Construct · 1 fields · 1 citations

productivity J-curve: a standalone construct

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Economics

the pattern in which measured productivity first dips and later rises after adoption of a general purpose technology, because complementary intangible investment goes unmeasured.

In economics, productivity J-curve refers to the pattern in which measured productivity first dips and later rises after adoption of a general purpose technology, because complementary intangible investment goes unmeasured. This meaning comes from Brynjolfsson (2021) in American Economic Journal: Macroeconomics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

adoption3 fields · 5 citationsjingle · one word, three constructs general purpose technology1 fields · 1 citationsanchor · a standalone construct investment2 fields · 2 citationsjingle · one word, two constructs

References

Brynjolfsson, E., Rock, D., & Syverson, C. (2021). The Productivity J-Curve: How Intangibles Complement General Purpose Technologies. American Economic Journal: Macroeconomics, 13(1), 333-372. https://doi.org/10.1257/mac.20180386

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