Measuring Economic Growth and Productivity

Measuring Economic Growth and Productivity
Author: Barbara Fraumeni
Publsiher: Academic Press
Total Pages: 554
Release: 2019-10-18
ISBN 10: 0128175966
ISBN 13: 9780128175965
Language: EN, FR, DE, ES & NL

Measuring Economic Growth and Productivity Book Review:

Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions presents new insights into the causes, mechanisms and results of growth in national and regional accounts. It demonstrates the versatility and usefulness of the KLEMS databases, which generate internationally comparable industry-level data on outputs, inputs and productivity. By rethinking economic development beyond existing measurements, the book's contributors align the measurement of growth and productivity to contemporary global challenges, addressing the need for measurements as well as the Gross Domestic Product. All contributors in this foundational volume are recognized experts in their fields, all inspired by the path-breaking research of Dale W. Jorgenson. Demonstrates how an approach based on sources of economic growth (KLEMS - capital, labor, energy, materials and services) can be used to analyze economic growth and productivity Includes examples covering the G7, E7, EU, Latin America, Norway, China, Taiwan, Japan, Korea, India and other South Asian countries Examines the effects of digital, information, communication and integrated technologies on national and regional economies

Measuring Economic Growth and Productivity

Measuring Economic Growth and Productivity
Author: Barbara M. Fraumeni
Publsiher: Academic Press
Total Pages: 554
Release: 2019-11-08
ISBN 10: 0128175974
ISBN 13: 9780128175972
Language: EN, FR, DE, ES & NL

Measuring Economic Growth and Productivity Book Review:

Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions presents new insights into the causes, mechanisms and results of growth in national and regional accounts. It demonstrates the versatility and usefulness of the KLEMS databases, which generate internationally comparable industry-level data on outputs, inputs and productivity. By rethinking economic development beyond existing measurements, the book's contributors align the measurement of growth and productivity to contemporary global challenges, addressing the need for measurements as well as the Gross Domestic Product. All contributors in this foundational volume are recognized experts in their fields, all inspired by the path-breaking research of Dale W. Jorgenson. Demonstrates how an approach based on sources of economic growth (KLEMS – capital, labor, energy, materials and services) can be used to analyze economic growth and productivity Includes examples covering the G7, E7, EU, Latin America, Norway, China, Taiwan, Japan, Korea, India and other South Asian countries Examines the effects of digital, information, communication and integrated technologies on national and regional economies

The Future of Productivity

The Future of Productivity
Author: OECD
Publsiher: OECD Publishing
Total Pages: 120
Release: 2015-12-11
ISBN 10: 9264248536
ISBN 13: 9789264248533
Language: EN, FR, DE, ES & NL

The Future of Productivity Book Review:

This book addresses the rising productivity gap between the global frontier and other firms, and identifies a number of structural impediments constraining business start-ups, knowledge diffusion and resource allocation (such as barriers to up-scaling and relatively high rates of skill mismatch).

The Political Economy of Digital Automation

The Political Economy of Digital Automation
Author: Sreenath Majumder,Anuradha SenGupta
Publsiher: Routledge
Total Pages: 130
Release: 2020-09-01
ISBN 10: 1000171507
ISBN 13: 9781000171501
Language: EN, FR, DE, ES & NL

The Political Economy of Digital Automation Book Review:

With digital automation becoming ubiquitous, the relationship between man and machine is being redefined. This book, through a focus on America, identifies the tension this relationship has produced, and how it has divided America socially, politically, and economically, ultimately breeding two fundamentally incompatible nations within one: the “forgotten America” and “elite America.” This book enables the reader to visualize the changes brought by automation on our producer and buyer identities, and suggests policy changes that global leaders could adopt to deal with the increasing discord. The book is heavily dependent on a few fundamental concepts of both economics and sociology, such as globalization, labor economics, and cultural homogenization. The book is ideally suited to students and academics researching political economics and sociology, with focuses on globalization, unemployment, and the social impacts of technological advances.

Measuring Productivity OECD Manual Measurement of Aggregate and Industry level Productivity Growth

Measuring Productivity   OECD Manual Measurement of Aggregate and Industry level Productivity Growth
Author: OECD
Publsiher: OECD Publishing
Total Pages: 156
Release: 2001-07-16
ISBN 10: 9264194517
ISBN 13: 9789264194519
Language: EN, FR, DE, ES & NL

Measuring Productivity OECD Manual Measurement of Aggregate and Industry level Productivity Growth Book Review:

This manual presents the theoretical foundations to productivity measurement, and discusses implementation and measurement issues.

Principles of Economics 2e

Principles of Economics 2e
Author: Steven A. Greenlaw,David Shapiro,Timoth Taylor
Publsiher: Unknown
Total Pages: 329
Release: 2017-10-11
ISBN 10: 9781947172364
ISBN 13: 1947172360
Language: EN, FR, DE, ES & NL

Principles of Economics 2e Book Review:

Productivity Measurement and Analysis

Productivity Measurement and Analysis
Author: OECD,Federal Statistical Office
Publsiher: OECD Publishing
Total Pages: 554
Release: 2009-04-28
ISBN 10: 9264044612
ISBN 13: 9789264044616
Language: EN, FR, DE, ES & NL

Productivity Measurement and Analysis Book Review:

Presents the proceedings of two workshops on productivity measurement and analysis, which brought together representatives of statistical offices, central banks and other officials involved with the analysis and measurement of productivity at aggregate and industry levels.

Productivity and Economic Growth

Productivity and Economic Growth
Author: Zoltán Román
Publsiher: State Mutual Book &Periodical
Total Pages: 275
Release: 1982
ISBN 10:
ISBN 13: UOM:39015014768918
Language: EN, FR, DE, ES & NL

Productivity and Economic Growth Book Review:

Fifty Years of Economic Measurement

Fifty Years of Economic Measurement
Author: Ernst R. Berndt,Jack E. Triplett
Publsiher: University of Chicago Press
Total Pages: 464
Release: 2008-04-15
ISBN 10: 9780226044316
ISBN 13: 0226044319
Language: EN, FR, DE, ES & NL

Fifty Years of Economic Measurement Book Review:

This volume contains papers presented at a conference in May 1988 in Washington, D.C., commemorating the fiftieth anniversary of the founding of the Conference on Research in Income and Wealth (CRIW). The call for papers emphasized assessments of broad topics in economic measurement, both conceptual and pragmatic. The organizers desired (and succeeded in obtaining) a mix of papers that, first, illustrate the range of measurement issues that economics as a science must confront and, second, mark major milestones of CRIW accomplishment. The papers concern prices and output (Griliches, Pieper, Triplett) and also the major productive inputs, capital (Hulten) and labor (Hamermesh). Measures of saving, the source of capital accumulation, are covered in one paper (Boskin); measuring productivity, the source of much of the growth in per capita income, is reviewed in another (Jorgenson). The use of economic data in economic policy analysis and in regulation are illustrated in a review of measures of tax burden (Atrostic and Nunns) and in an analysis of the data needed for environmental regulation (Russell and Smith); the adequacy of data for policy analysis is evaluated in a roundtable discussion (chapter 12) involving four distinguished policy analysts with extensive government experience in Washington and Ottawa.

The Oxford Handbook of Productivity Analysis

The Oxford Handbook of Productivity Analysis
Author: Emili Grifell-Tatjé,C.A. Knox Lovell,Robin C. Sickles
Publsiher: Oxford University Press
Total Pages: 656
Release: 2018-08-07
ISBN 10: 0190226730
ISBN 13: 9780190226732
Language: EN, FR, DE, ES & NL

The Oxford Handbook of Productivity Analysis Book Review:

Productivity underpins business success and national well-being and thus it is crucial to understand the factors that influence productivity growth. This volume provides a comprehensive exploration into the significance of productivity growth for business, the economy, and for social economic progress. It examines how productivity is defined, measured and implemented. It also surveys the dispersion of productivity across time and place, focusing on the productivity dynamics that either leads to a reallocation of resources that reduces dispersion and increases aggregate productivity or, conversely, allows dispersion to persist behind barriers to productivity-enhancing reallocation. A third focus is an investigation of the drivers of, or impediments to, productivity growth, some of which are organizational in nature and under management control and others of which are institutional in nature and subject to public policy intervention. The Oxford Handbook of Productivity Analysis contains contributions of distinguished productivity experts from around the world who analyze a wide range of timely issues. These issues concern purely analytical topics surrounding the measurement of productivity in various situations, beginning with the ideal situation in which all inputs and all outputs, and their prices, are observed accurately. They also include service sectors such as education in which the services provided are hard to define, much less measure, and other sectors that generate undesirable environmental externalities that are difficult to price and complicate the very definition of productivity. The issues also involve business management topics ranging from the role of business models and benchmarking to the quality of management practices, the adoption of new technologies, and possible complementarities between the two. The relationship between productivity and business performance is also explored. At a more aggregate level the issues range from the impacts of market power, incentive regulation, international trade and global value chains on productivity, to the contribution of productivity to economic development and economic welfare.

Productivity Growth Inflation and Unemployment

Productivity Growth  Inflation  and Unemployment
Author: Robert J. Gordon,Robert James Gordon
Publsiher: Cambridge University Press
Total Pages: 504
Release: 2004
ISBN 10: 9780521531429
ISBN 13: 052153142X
Language: EN, FR, DE, ES & NL

Productivity Growth Inflation and Unemployment Book Review:

Publisher Description

OECD Compendium of Productivity Indicators 2019

OECD Compendium of Productivity Indicators 2019
Author: OECD
Publsiher: OECD Publishing
Total Pages: 152
Release: 2019-04-29
ISBN 10: 9264603980
ISBN 13: 9789264603981
Language: EN, FR, DE, ES & NL

OECD Compendium of Productivity Indicators 2019 Book Review:

This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in OECD countries, accession countries, key partners and some G20 countries.

Productivity in the U S Services Sector

Productivity in the U S  Services Sector
Author: Jack E. Triplett,Barry P. Bosworth
Publsiher: Brookings Institution Press
Total Pages: 401
Release: 2004-09-21
ISBN 10: 9780815796633
ISBN 13: 0815796633
Language: EN, FR, DE, ES & NL

Productivity in the U S Services Sector Book Review:

The services industries—which include jobs ranging from flipping hamburgers to providing investment advice—can no longer be characterized, as they have in the past, as a stagnant sector marked by low productivity growth. They have emerged as one of the most dynamic and innovative segments of the U.S. economy, now accounting for more than three-quarters of gross domestic product. During the 1990s, 19 million additional jobs were created in this sector, while growth was stagnant in the goods-producing sector. Here, Jack Triplett and Barry Bosworth analyze services sector productivity, demonstrating that fundamental changes have taken place in this sector of the U.S. economy. They show that growth in the services industries fueled the post-1995 expansion in the U.S. productivity and assess the role of information technology in transforming and accelerating services productivity. In addition to their findings for the services sector as a whole, they include separate chapters for a diverse range of industries within the sector, including transportation and communications, wholesale and retail trade, and finance and insurance. The authors also examine productivity measurement issues, chiefly statistical methods for measuring services industry output. They highlight the importance of making improvements within the U.S. statistical system to provide the more accurate and relevant measures essential for analyzing productivity and economic growth.

Cost Structure and the Measurement of Economic Performance

Cost Structure and the Measurement of Economic Performance
Author: Catherine J. Morrison Paul
Publsiher: Springer Science & Business Media
Total Pages: 363
Release: 1999-02-28
ISBN 10: 0792384032
ISBN 13: 9780792384038
Language: EN, FR, DE, ES & NL

Cost Structure and the Measurement of Economic Performance Book Review:

Cost Structure and the Measurement of Economic Performance is designed to provide a comprehensive guide for students, researchers or consultants who wish to model, construct, interpret, and use economic performance measures. The topical emphasis is on productivity growth and its dependence on the cost structure. The methodological focus is on application of the tools of economic analysis - the `thinking structure' provided by microeconomic theory - to measure technological or cost structure, and link it with market and regulatory structure. This provides a rich basis for evaluation of economic performance and its determinants. The format of the book stresses topics or questions of interest rather than the theoretical tools for analysis. Traditional productivity growth modeling and measurement practices that result in a productivity residual often called the `measure of our ignorance' are initially overviewed, and then the different aspects of technological, market and regulatory structure that might underlie this residual are explored. The ultimate goal is to decompose or explain the residual, by modeling and measuring a multitude of impacts that determine the economic performance of firms, sectors, and economies. The chapters are organized with three broad goals in mind. The first is to introduce the overall ideas involved in economic performance measurement and traditional productivity growth analysis. Issues associated with different types of (short and long run, internal and external) cost economies, market and regulatory impacts, and other general cost efficiencies that might impact these measures are then explored. Finally, some of the theoretical, data construction and econometric tools necessary to justify and implement these models are emphasized.

The Changing Wealth of Nations 2018

The Changing Wealth of Nations 2018
Author: Glenn-Marie Lange,Quentin Wodon,Kevin Carey
Publsiher: World Bank Publications
Total Pages: 240
Release: 2018-01-30
ISBN 10: 1464810478
ISBN 13: 9781464810473
Language: EN, FR, DE, ES & NL

The Changing Wealth of Nations 2018 Book Review:

Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their economic health and prospects for the future. Wealth accounts allow countries to take stock of their assets to monitor the sustainability of development, an urgent concern today for all countries. The Changing Wealth of Nations 2018: Building a Sustainable Future covers national wealth for 141 countries over 20 years (1995†“2014) as the sum of produced capital, 19 types of natural capital, net foreign assets, and human capital overall as well as by gender and type of employment. Great progress has been made in estimating wealth since the fi rst volume, Where Is the Wealth of Nations? Measuring Capital for the 21st Century, was published in 2006. New data substantially improve estimates of natural capital, and, for the fi rst time, human capital is measured by using household surveys to estimate lifetime earnings. The Changing Wealth of Nations 2018 begins with a review of global and regional trends in wealth over the past two decades and provides examples of how wealth accounts can be used for the analysis of development patterns. Several chapters discuss the new work on human capital and its application in development policy. The book then tackles elements of natural capital that are not yet fully incorporated in the wealth accounts: air pollution, marine fi sheries, and ecosystems. This book targets policy makers but will engage anyone committed to building a sustainable future for the planet.

Measuring Economic Sustainability and Progress

Measuring Economic Sustainability and Progress
Author: Dale W. Jorgenson,J. Steven Landefeld,Paul Schreyer
Publsiher: University of Chicago Press
Total Pages: 808
Release: 2014-10-17
ISBN 10: 022612147X
ISBN 13: 9780226121475
Language: EN, FR, DE, ES & NL

Measuring Economic Sustainability and Progress Book Review:

Since the Great Depression, researchers and statisticians have recognized the need for more extensive methods for measuring economic growth and sustainability. The recent recession renewed commitments to closing long-standing gaps in economic measurement, including those related to sustainability and well-being. The latest in the NBER’s influential Studies in Income and Wealth series, which has played a key role in the development of national account statistics in the United States and other nations, this volume explores collaborative solutions between academics, policy researchers, and official statisticians to some of today’s most important economic measurement challenges. Contributors to this volume extend past research on the integration and extension of national accounts to establish an even more comprehensive understanding of the distribution of economic growth and its impact on well-being, including health, human capital, and the environment. The research contributions assess, among other topics, specific conceptual and empirical proposals for extending national accounts.

The Measurement of Productive Efficiency and Productivity Growth

The Measurement of Productive Efficiency and Productivity Growth
Author: Harold O. Fried,C. A. Knox Lovell,Shelton S. Schmidt
Publsiher: Oxford University Press
Total Pages: 656
Release: 2008-02-04
ISBN 10: 0199884803
ISBN 13: 9780199884803
Language: EN, FR, DE, ES & NL

The Measurement of Productive Efficiency and Productivity Growth Book Review:

When Harold Fried, et al. published The Measurement of Productive Efficiency: Techniques and Applications with OUP in 1993, the book received a great deal of professional interest for its accessible treatment of the rapidly growing field of efficiency and productivity analysis. The first several chapters, providing the background, motivation, and theoretical foundations for this topic, were the most widely recognized. In this tight, direct update, these same editors have compiled over ten years of the most recent research in this changing field, and expanded on those seminal chapters. The book will guide readers from the basic models to the latest, cutting-edge extensions, and will be reinforced by references to classic and current theoretical and applied research. It is intended for professors and graduate students in a variety of fields, ranging from economics to agricultural economics, business administration, management science, and public administration. It should also appeal to public servants and policy makers engaged in business performance analysis or regulation.

Agricultural Productivity

Agricultural Productivity
Author: Virgil Ball
Publsiher: Springer Science & Business Media
Total Pages: 324
Release: 2012-12-06
ISBN 10: 1461508517
ISBN 13: 9781461508519
Language: EN, FR, DE, ES & NL

Agricultural Productivity Book Review:

Agricultural Productivity: Measurement and Sources of Growth addresses measurement issues and techniques in agricultural productivity analysis, applying those techniques to recently published data sets for American agriculture. The data sets are used to estimate and explain state level productivity and efficiency differences, and to test different approaches to productivity measurement. The rise in agricultural productivity is the single most important source of economic growth in the U.S. farm sector, and the rate of productivity growth is estimated to be higher in agriculture than in the non-farm sector. It is important to understand productivity sources and to measure its growth properly, including the effects of environmental externalities. Both the methods and the data can be accessed by economists at the state level to conduct analyses for their own states. In a sense, although not explicitly, the book provides a guide to using the productivity data available on the website of the U.S. Department of Agriculture/Economic Research Service. It should be of interest to a broad spectrum of professionals in academia, the government, and the private sector.

The Economics of Productivity

The Economics of Productivity
Author: Dale W. Jorgenson
Publsiher: Edward Elgar Pub
Total Pages: 751
Release: 2009
ISBN 10:
ISBN 13: STANFORD:36105215493169
Language: EN, FR, DE, ES & NL

The Economics of Productivity Book Review:

The remarkable behavior of information technology prices provides the key to the resurgence of productivity growth in the USA and the world economy. This title presents the contemporary framework for productivity measurement that focuses on the impact of information technology on economic growth.

Spanish Economic Growth 1850 2015

Spanish Economic Growth  1850   2015
Author: Leandro Prados de la Escosura
Publsiher: Springer
Total Pages: 383
Release: 2017-09-04
ISBN 10: 3319580426
ISBN 13: 9783319580425
Language: EN, FR, DE, ES & NL

Spanish Economic Growth 1850 2015 Book Review:

This book is open access under a CC BY 4.0 license. This text offers a comprehensive and nuanced view of the economic development of Spain since 1850. It provides a new set of historical GDP estimates for Spain from the demand and supply sides, and presents a reconstruction of production and expenditure series for the century prior to the introduction of modern national accounts. The author splices available national accounts sets over the period 1958–2015 through interpolation, as an alternative to conventional retropolation. The resulting national accounts series are linked to the historical estimates providing yearly series for GDP and its components since 1850. On the basis of new population estimates, the author derives GDP per head, decomposed into labour productivity and the amount of work per person, and placed into international perspective. With theoretical reasoning and historiographical implications, Prados de la Escosura provides a useful methodological reference work for anyone interested in national accounting. Open Access has been made possible thanks to Fundación Rafael del Pino's generous support. You can find the full dataset here: http://espacioinvestiga.org/bbdd-chne/?lang=en ‘This book stands among the classics for the Kuznetian paradigm in empirical economics. This is the definitive study of Spain's transition to a modern economy.’ —Patrick Karl O'Brien, Emeritus Fellow at St. Antony’s College, the University of Oxford, UK, and Professor Emeritus of Global Economic History at the London School of Economics and Political Science, UK ‘The definitive account of Spanish economic growth since 1850, based firmly on a magisterial reconstruction of that country’s national accounts and an unrivalled knowledge of both Spanish and global economic history of the period.’ —Stephen Broadberry, Professor of Economic History at Nuffield College, the University of Oxford, UK