2591

LESSWRONG
LW

2590
EconomicsWorld Modeling
Frontpage

2

Discussion on Thomas Philippon's paper on TFP growth being linear

by Arjun Yadav
30th Apr 2022
1 min read
0

2

This is a linkpost for https://forum.effectivealtruism.org/posts/hbPvAjuLviwkphDJj/discussion-on-thomas-philippon-s-paper-on-tfp-growth-being

2

New Comment
Moderation Log
More from Arjun Yadav
View more
Curated and popular this week
0Comments
EconomicsWorld Modeling
Frontpage

Note: This post was written quite quickly and I'm not well versed in this subject matter. 

Thomas' paper here and Dylan Matthews' excellent write-up on it here.

I would love to spark some discussion on this: total factor productivity growth being linear in many developed countries, not exponential, could potentially be very scary.

Of course, as Dylan mentioned, TFP has issues. I believe the main critique is that, due to its simplicity, it can sometimes remain the same even after changes in technology and productivity.