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

Agricultural Productivity

Agricultural Productivity
Author: Virgil Ball,George W. Norton
Publsiher: Springer Science & Business Media
Total Pages: 324
Release: 2002-04-30
ISBN 10: 9780792376224
ISBN 13: 0792376226
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.

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:

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: 9780198040507
ISBN 13: 0198040504
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.

Productivity, Technology and Economic Growth

Productivity, Technology and Economic Growth
Author: Bart van Ark,Simon K. Kuipers,Gerard H. Kuper
Publsiher: Springer Science & Business Media
Total Pages: 400
Release: 2013-03-09
ISBN 10: 1475731612
ISBN 13: 9781475731613
Language: EN, FR, DE, ES & NL

Productivity, Technology and Economic Growth Book Review:

Productivity, Technology and Economic Growth presents a selection of recent research advances on long term economic growth. While the contributions stem from both economic history, macro- and microeconomics and the economics of innovation, all papers depart from a common viewpoint: the key factor behind long term growth is productivity, and the latter is primarily driven by technological change. Most contributions show implicitly or explicitly that technological change is at least partly dependent on growth itself. Furthermore, technology appears to interact strongly with investment in physical and human capital as well as with changes in historical, political and institutional settings. Together these papers are an up-to-date account of the remarkable convergence in theoretical and empirical work on productivity and growth over the past decades. The first part deals with the characteristics of growth regimes over longer periods, ranging from 20 years to two centuries. The next four chapters study the determinants of productivity growth and, in some cases, productivity slowdown during the last quarter of the twentieth century. The final five chapters focus on the role of technology and innovation as the key determinants of growth. Productivity, Technology and Economic Growth is, therefore, a welcome collection for academic scholars and graduate students in economics, history and related social sciences as well as for policy makers.

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 Age of Diminished Expectations

The Age of Diminished Expectations
Author: Paul R. Krugman,University Paul Krugman
Publsiher: MIT Press
Total Pages: 232
Release: 1997
ISBN 10: 9780262611343
ISBN 13: 0262611341
Language: EN, FR, DE, ES & NL

The Age of Diminished Expectations Book Review:

This edition looks at how risky behaviour can lead to disaster in private markets, with colourful examples from Lloyd's of London and Sumitomo Metals. Krugman also considers the collapse of the Mexican peso, and the burst of Japan's 'bubble' economy.

Productivity: Postwar U.S. economic growth

Productivity: Postwar U.S. economic growth
Author: Dale Weldeau Jorgenson,Frederic Eaton ABBE Professor of Economics Dale W Jorgenson
Publsiher: MIT Press
Total Pages: 470
Release: 1995
ISBN 10: 9780262100496
ISBN 13: 0262100495
Language: EN, FR, DE, ES & NL

Productivity: Postwar U.S. economic growth Book Review:

Postwar US Economic Growth traces the outstanding postwarperformance of the US economy to investments in tangible assets and human capital.

Productivity and U.S. Economic Growth

Productivity and U.S. Economic Growth
Author: Dale Jorgenson,F.M. Gollop,B. Fraumeni
Publsiher: Elsevier
Total Pages: 576
Release: 2016-01-26
ISBN 10: 1483295877
ISBN 13: 9781483295879
Language: EN, FR, DE, ES & NL

Productivity and U.S. Economic Growth Book Review:

Between 1948 and 1979, economic activity in the United States increased almost twice as much as over the entire preceding course of American history. The traditional explanation of this remarkable development emphasizes productivity growth. In the most sophisticated study to date of the factors currently affecting economic growth, the authors of this book show that capital formation is far more important, with the growth of labor resources and productivity a distant second. Their conclusions rest on a far more detailed empirical base than any ever assembled in studies of economic growth. For example, the authors distinguish among 81,600 types of labor input – broken down by age, sex, education, occupation, and industry of employment. Similarly, they disaggregate capital by industry, class of asset, and tax treatment. Their analysis of economic growth is from the ``bottom up'' rather than the ``top down'' approach used in earlier work. The new findings imply that efforts to revive U.S. economic growth must focus on increased supplies of capital and labor inputs. This is the key to more rapid growth and international competition. One of the most important features of the book is the way in which it successfully integrates the theory of producer behavior with the indexing and measurement of production growth. The authors present startling new findings showing that less than one-fourth of overall growth is attributable to advances in productivity.

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.

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.

Measuring Human Capital

Measuring Human Capital
Author: Barbara M. Fraumeni
Publsiher: Academic Press
Total Pages: 250
Release: 2021-03-01
ISBN 10: 0128190582
ISBN 13: 9780128190586
Language: EN, FR, DE, ES & NL

Measuring Human Capital Book Review:

Measuring Human Capital addresses these issues, making it an excellent resource for students and researchers worldwide working on all economic disciplines, and especially international economics, labor economics, and the economics of innovation. Accurately measuring economic data is the first step toward successfully analysing them. For many years economists used the Gross National Product (GDP), now acknowledged to be inadequate, to measure a country’s overall value. The recognition that many variables contribute to a country’s value make accurate measurement difficult, as does recognizing the limits, methodological and otherwise, of measurement strategies. Being able to measure the same variables in all countries and economies is another challenge to economists, for without accurate data it is not possible to coordinate efforts within and across economies. 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 Covers examples from 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

Research and Development and Economic Growth/productivity

Research and Development and Economic Growth/productivity
Author: Anonim
Publsiher: Anonim
Total Pages: 79
Release: 1972
ISBN 10:
ISBN 13: UIUC:30112101591037
Language: EN, FR, DE, ES & NL

Research and Development and Economic Growth/productivity Book Review:

Focus on Economic Growth and Productivity

Focus on Economic Growth and Productivity
Author: L. A.. Finley
Publsiher: Anonim
Total Pages: 329
Release: 2005
ISBN 10:
ISBN 13: 9791594542724
Language: EN, FR, DE, ES & NL

Focus on Economic Growth and Productivity Book Review:

Measurement of Productivity and Efficiency

Measurement of Productivity and Efficiency
Author: Robin C. Sickles,Valentin Zelenyuk
Publsiher: Cambridge University Press
Total Pages: 634
Release: 2019-03-31
ISBN 10: 110703616X
ISBN 13: 9781107036161
Language: EN, FR, DE, ES & NL

Measurement of Productivity and Efficiency Book Review:

Provides a comprehensive approach to productivity and efficiency analysis using economic and econometric theory.

Principles of Economics 2e

Principles of Economics 2e
Author: Steven A. Greenlaw,David Shapiro,Timoth Taylor
Publsiher: Anonim
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, Efficiency and Economic Growth in China

Productivity, Efficiency and Economic Growth in China
Author: Y. Wu
Publsiher: Springer
Total Pages: 169
Release: 2008-10-23
ISBN 10: 0230228259
ISBN 13: 9780230228252
Language: EN, FR, DE, ES & NL

Productivity, Efficiency and Economic Growth in China Book Review:

This book provides a detailed insight into productivity, efficiency and growth in the Chinese economy, and offers results on capital stock and ICT capital estimates (at both national and regional levels) which will be an important resource for readers.

Double Dividend

Double Dividend
Author: Dale W. Jorgenson,Richard J. Goettle,Mun S. Ho,Peter J. Wilcoxen
Publsiher: MIT Press
Total Pages: 640
Release: 2013-11-29
ISBN 10: 0262318571
ISBN 13: 9780262318570
Language: EN, FR, DE, ES & NL

Double Dividend Book Review:

A rigorous and innovative approach for integrating environmental policies and fiscal reform for the U.S. economy. Energy utilization, especially from fossil fuels, creates hidden costs in the form of pollution and environmental damages. The costs are well documented but are hidden in the sense that they occur outside the market, are not reflected in market prices, and are not taken into account by energy users. Double Dividend presents a novel method for designing environmental taxes that correct market prices so that they reflect the true cost of energy. The resulting revenue can be used in reducing the burden of the overall tax system and improving the performance of the economy, creating the double dividend of the title. The authors simulate the impact of environmental taxes on the U.S. economy using their Intertemporal General Equilibrium Model (IGEM). This highly innovative model incorporates expectations about future prices and policies. The model is estimated econometrically from an extensive 50-year dataset to incorporate the heterogeneity of producers and consumers. This approach generates confidence intervals for the outcomes of changes in economic policies, a new feature for models used in analyzing energy and environmental policies. These outcomes include the welfare impacts on individual households, distinguished by demographic characteristics, and for society as a whole, decomposed between efficiency and equity.

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.

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.