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By Michael Spence and Belinda AzenuiMILAN/GRANVILLE, OHIO The United States has a productivity problem, though one would never know it from looking only at the industries producing goods and services that are traded internationally. Because these goods and services account for only one-third of GDP and slightly over 20 per cent of employment, as is typical for a developed

United statesBelinda azenuiMichael spenceBureau of economic analysisSchool of business at stanford universityEconomics at denison universityEconomic analysisGraduate schoolProject syndicate