Measuring Economic Growth and Productivity Book

Measuring Economic Growth and Productivity


  • Author : Barbara Fraumeni
  • Publisher : Academic Press
  • Release Date : 2019-11-08
  • Genre: Business & Economics
  • Pages : 554
  • ISBN 10 : 9780128175972

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Measuring Economic Growth and Productivity Excerpt :

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 Book

The Future of Productivity


  • Author : OECD
  • Publisher : OECD Publishing
  • Release Date : 2015-12-11
  • Genre: Uncategoriezed
  • Pages : 120
  • ISBN 10 : 9789264248533

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The Future of Productivity Excerpt :

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).

Global Productivity Book

Global Productivity


  • Author : Alistair Dieppe
  • Publisher : World Bank Publications
  • Release Date : 2021-06-09
  • Genre: Business & Economics
  • Pages : 460
  • ISBN 10 : 9781464816093

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Global Productivity Excerpt :

The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was a

Replacing GDP by 2030 Book

Replacing GDP by 2030


  • Author : Rutger Hoekstra
  • Publisher : Cambridge University Press
  • Release Date : 2019-05-31
  • Genre: Business & Economics
  • Pages : 362
  • ISBN 10 : 9781108497336

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Replacing GDP by 2030 Excerpt :

Proposes an new strategy for the beyond-GDP community which aims to replace the economic paradigm centred on Gross Domestic Product (GDP) by 2030.

International Productivity Monitor Book

International Productivity Monitor


  • Author : OECD
  • Publisher : OECD Publishing
  • Release Date : 2017-07-17
  • Genre: Uncategoriezed
  • Pages : 222
  • ISBN 10 : 9789264279179

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International Productivity Monitor Excerpt :

The 32nd issue of the International Productivity Monitor is a special issue produced in collaboration with the OECD. All articles published in this issue were selected from papers presented at the First Annual Conference of the OECD Global Forum on Productivity held in Lisbon, Portugal, July ...

Measuring Economic Growth and Productivity Book

Measuring Economic Growth and Productivity


  • Author : Barbara Fraumeni
  • Publisher : Academic Press
  • Release Date : 2019-10-18
  • Genre: Uncategoriezed
  • Pages : 554
  • ISBN 10 : 9780128175965

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Measuring Economic Growth and Productivity Excerpt :

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 Sustainability and Progress Book

Measuring Economic Sustainability and Progress


  • Author : Dale W. Jorgenson
  • Publisher : University of Chicago Press
  • Release Date : 2014-10-17
  • Genre: Business & Economics
  • Pages : 808
  • ISBN 10 : 9780226121475

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Measuring Economic Sustainability and Progress Excerpt :

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.

Productivity Measurement and Analysis Book

Productivity Measurement and Analysis


  • Author : OECD
  • Publisher : OECD Publishing
  • Release Date : 2009-04-28
  • Genre: Uncategoriezed
  • Pages : 554
  • ISBN 10 : 9789264044616

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Productivity Measurement and Analysis Excerpt :

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 in the U S  Services Sector Book

Productivity in the U S Services Sector


  • Author : Jack E. Triplett
  • Publisher : Brookings Institution Press
  • Release Date : 2004-09-21
  • Genre: Business & Economics
  • Pages : 401
  • ISBN 10 : 0815796633

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Productivity in the U S Services Sector Excerpt :

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.

Measuring and Accounting for Innovation in the Twenty First Century Book

Measuring and Accounting for Innovation in the Twenty First Century


  • Author : Carol Corrado
  • Publisher : University of Chicago Press
  • Release Date : 2021-05-18
  • Genre: Business & Economics
  • Pages : 776
  • ISBN 10 : 9780226728209

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Measuring and Accounting for Innovation in the Twenty First Century Excerpt :

Measuring innovation is a challenging task, both for researchers and for national statisticians, and it is increasingly important in light of the ongoing digital revolution. National accounts and many other economic statistics were designed before the emergence of the digital economy and the growth in importance of intangible capital. They do not yet fully capture the wide range of innovative activity that is observed in modern economies. This volume examines how to measure innovation, track its effects on economic activity and on prices, and understand how it has changed the structure of production processes, labor markets, and organizational form and operation in business. The contributors explore new approaches to and data sources for measurement, such as collecting data for a particular innovation as opposed to a firm and using trademarks for tracking innovation. They also consider the connections between university-based R&D and business start-ups and the potential impacts of innovation on income distribution. The research suggests strategies for expanding current measurement frameworks to better capture innovative activity, including developing more detailed tracking of global value chains to identify innovation across time and space and expanding the measurement of innovation’s impacts on GDP in fields such as consumer content delivery and cloud computing.

OECD Compendium of Productivity Indicators 2019 Book

OECD Compendium of Productivity Indicators 2019


  • Author : OECD
  • Publisher : OECD Publishing
  • Release Date : 2019-04-29
  • Genre: Uncategoriezed
  • Pages : 152
  • ISBN 10 : 9789264603981

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OECD Compendium of Productivity Indicators 2019 Excerpt :

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.

Long Run Economic Growth Book

Long Run Economic Growth


  • Author : Steven Durlauf
  • Publisher : Springer Science & Business Media
  • Release Date : 2012-12-06
  • Genre: Business & Economics
  • Pages : 206
  • ISBN 10 : 9783642612114

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Long Run Economic Growth Excerpt :

One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests.

The Growth Delusion Book
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The Growth Delusion


  • Author : David Pilling
  • Publisher : Bloomsbury Publishing
  • Release Date : 2018-01-25
  • Genre: Business & Economics
  • Pages : 352
  • ISBN 10 : 9781408893722

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The Growth Delusion Excerpt :

SHORTLISTED FOR THE ORWELL PRIZE FOR POLITICAL WRITING 2019 'A near miracle' Ha-Joon Chang, author of 23 Things They Don't Tell You About Capitalism According to the economy, we have never been wealthier or happier. So why doesn't it feel that way? The Growth Delusion explores how we prioritise growth maximisation without stopping to think about the costs. So much of what is important to our well-being, from safe streets to sound minds, lies outside the purview of statistics. In a book that is both thought-provoking and entertaining, David Pilling argues that our steadfast loyalty to growth is informing misguided policies, and proposes different criteria for measuring our success.

Principles of Economics 2e Book

Principles of Economics 2e


  • Author : Steven A. Greenlaw
  • Publisher : Unknown
  • Release Date : 2017-10-11
  • Genre: Uncategoriezed
  • Pages : null
  • ISBN 10 : 1947172360

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Principles of Economics 2e Excerpt :