Accounting for Growth
Accounting for Growth: Human capital and education
Back in October, I wrote about Minnesota’s relatively poor performance on GDP per capita growth in the last decade: Data from the Bureau of Economic Analysis (BEA) show that in nine of the ten years since 2014-2015 real per capita GDP has grown more…
Minnesota’s high employment level slows its per capita…
Yesterday, I looked at why Gross Domestic Product (GDP) per capita growth in Minnesota has ranked…
Since 2014, GDP per capita growth in Minnesota has…
Last week, I noted that “n every single year since 2014, Minnesota’s economy has grown more slowly,…
Accounting for Growth: Human capital and experience
Yesterday, I wrote about Minnesota’s performance on the raw labor components of human capital; the…
Is Minnesota at the limit of employment growth?
Yesterday, I wrote that “Per capita economic growth comes from three sources,” one of which is…
Per capita GDP growth is what matters, and Minnesota fares poorly
The recent film “A Precarious State” has drawn a number of responses, a recurring theme of which is that Minnesota’s problem is its slow growing economy resulting from its slow growing population. This misses the crucial point that what matters for…
Per capita GDP growth is what matters, and Minnesota…
The recent film “A Precarious State” has drawn a number of responses, a recurring theme of which is…
Physical capital per worker, 2024
In our report “The State of Minnesota’s Economy: 2020: A focus on economic growth,” we wrote that:…
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