Measure of Economies

Measuring Productivity in an Age of Technological Change

Inbunden, Engelska, 2024

557 kr

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Beskrivning

Innovative new approaches for improving GDP measurement to better gauge economic productivity.Official measures of gross domestic product (GDP) indicate that productivity growth has declined in the United States over the last two decades. This has led to calls for policy changes from pro-business tax reform to stronger antitrust measures. But are our twentieth-century economic methods actually measuring our twenty-first-century productivity? The Measure of Economies offers a synthesis of the state of knowledge in productivity measurement at a time when many question the accuracy and scope of GDP. With chapters authored by leading economic experts on topics such as the digital economy, health care, and the environment, it highlights the inadequacies of current practices and discusses cutting-edge alternatives. Pragmatic and forward-facing, The Measure of Economies is an essential resource not only for social scientists, but also for policymakers and business leaders seeking to understand the complexities of economic growth in a time of rapidly evolving technology.

Produktinformation

Utgivningsdatum:2024-12-16
Mått:152 x 229 x 28 mm
Vikt:626 g
Format:Inbunden
Språk:Engelska
Antal sidor:368
Förlag:The University of Chicago Press
ISBN:9780226836331

Utforska kategorier

Mikroekonomi inom Ekonomi och Ledarskap
Nationalekonomi inom Ekonomi och Ledarskap
Makroekonomi inom Ekonomi och Ledarskap

Mer om författaren

Marshall B. Reinsdorf is a former senior economist with the International Monetary Fund. Louise Sheiner is a senior fellow at the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution.

Recensioner i media

"[These] papers explore the productivity measurement debate, considering problems facing price measurement and recommendations to statistical agencies about improvements and research that could be implemented and pursued."

Innehållsförteckning

Editors’ IntroductionMarshall B. Reinsdorf and Louise Sheiner1. GDP as a Measure of Economic Well-BeingKaren Dynan and Louise Sheiner2. The Measurement of Output, Prices, and Productivity: What’s Changed Since the Boskin CommissionBrent R. Moulton3. Intangible Investment: What It Is and Why It MattersCarol Corrado4. Productivity Measurement: New Goods, Variety, and Quality ChangeDiane Coyle5. The Digital Economy and ProductivityDavid M. Byrne6. Measuring Prices and Productivity in the Health Care SectorLouise Sheiner and David M. Cutler7. Productivity and the Environmental AccountsNicholas Z. Muller8. Modernizing Measurement of Productivity with Nonstandard Data: Opportunities, Challenges and ProgressErica L. Groshen, Michael W. Horrigan, and Christopher Kurz