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Book New Data and Output Concepts for Understanding Productivity Trends

Download or read book New Data and Output Concepts for Understanding Productivity Trends written by William D. Nordhaus and published by . This book was released on 2001 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present study is the second is a series of three papers devoted to issues in the measurement of productivity and productivity growth. The contributions of the present paper are three. First, it introduces a new approach to measuring industrial productivity based on income-side data that are published by the Bureau of Economic Analysis (BEA). The data are internally consistent in that both inputs and outputs are income-side measures of value added, whereas the usual productivity measures combine expenditure-side output measures with income-side input measures. Second, because of interest in the 'new economy, ' we have also constructed a set of new-economy accounts. For the purpose of this study, we define the new economy as machinery, electric equipment, telephone and telegraph, and software. Finally, because of concerns about poor deflation in the current output measures, this study constructs a new output concept called 'well-measured output, ' which includes only those sectors for which output is relatively well measured. We present a brief summary of the behavior of the alternative measures

Book New Data and Output Concepts for Understanding Productivity Trends

Download or read book New Data and Output Concepts for Understanding Productivity Trends written by and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Survey of Current Business

Download or read book Survey of Current Business written by and published by . This book was released on 2001 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Global Productivity

Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book 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 already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Book New Developments in Productivity Analysis

Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.

Book Brookings Papers on Economic Activity  2002

Download or read book Brookings Papers on Economic Activity 2002 written by William C. Brainard and published by Brookings Institution Press. This book was released on 2010-12 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Subscribe to "Brookings Papers on Economic Activity" For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.

Book News

Download or read book News written by and published by . This book was released on 1997 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Working Paper Series

Download or read book Working Paper Series written by and published by . This book was released on 2001 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Society and Economics in Europe

Download or read book Society and Economics in Europe written by Savvas Katsikides and published by Springer. This book was released on 2016-06-23 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes stock of the lessons to be learned from the experiences of different countries on their way to a transition into a unified Europe. It demonstrates how the project of a unified Europe is a social pilot project that is unique in human history, both with respect to the sheer number of people involved and with respect to the cultural diversity it aims to turn into a progressive advantage. With no historical experience at hand, the transition into a unified Europe is an exploratory process, often risky but sometimes also surprisingly successful. To improve the chances of establishing a successful unification it is particularly important that we learn from the mistakes made so far; and that we learn rapidly, since the forces working against the pilot project of Europe will gain power very fast if the unification success slows down. And as the recent developments in Greece show, the vision of the final goal itself can well change during this exciting quest. Apart from providing the pieces of a mosaic on which a more general theory can be built, this book can be read as a collection of experiences – mistakes as well as triumphs – which should help the European learning process. The structure of the book mirrors Europe’s diversity: specific country studies are combined with more general chapters, and quantitatively oriented econometric work is combined with qualitatively oriented sociological studies.

Book Monthly Labor Review Reader

Download or read book Monthly Labor Review Reader written by and published by . This book was released on 1969 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Bulletin of the United States Bureau of Labor Statistics

Download or read book Bulletin of the United States Bureau of Labor Statistics written by and published by . This book was released on 1982 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Monthly Labor Review

Download or read book Monthly Labor Review written by and published by . This book was released on 2005 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.

Book Hearings

Download or read book Hearings written by and published by . This book was released on 1972 with total page 1746 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Techniques of Preparing Major BLS Statistical Series

Download or read book Techniques of Preparing Major BLS Statistical Series written by United States. Bureau of Labor Statistics and published by . This book was released on 1955 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book BLS Handbook of Methods for Surveys and Studies

Download or read book BLS Handbook of Methods for Surveys and Studies written by United States. Bureau of Labor Statistics and published by . This book was released on 1966 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Measuring and Sustaining the New Economy

Download or read book Measuring and Sustaining the New Economy written by National Research Council and published by National Academies Press. This book was released on 2002-03-08 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustaining the New Economy will require public policies that remain relevant to the rapid technological changes that characterize it. While data and its timely analysis are key to effective policy-making, we do not yet have adequate statistical images capturing changes in productivity and growth brought about by the information technology revolution. This report on a STEP workshop highlights the need for more information and the challenges faced in measuring the New Economy and sustaining its growth.

Book Challenges of African Growth

Download or read book Challenges of African Growth written by B. J. Ndulu and published by World Bank Publications. This book was released on 2007 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poverty in Africa is largely the outcome of slow growth. With the region hosting 10 percent of the world's population but a staggering 30 percent of the world's poor, the challenges it faces are enormous but NOT insurmountable. The message of this book is clear - poverty-eradicating development in Africa is possible. In fact, there are indications that Africa is at a turning point, and there is growing momentum among front-runner economies in the region toward higher and sustained growth. This study challenges African countries and their development partners to consolidate and continue this momentum and to exploit the advantages of the continent as a latecomer, particularly in innovation and in drawing lessons from successful export-led growth experiences in Asia and Latin America. "Challenges of African Growth" identifies opportunities, constraints, and strategic choices that African countries face in their quest for achieving the growth necessary for poverty alleviation. More important, the study provides a broad menu of stategic options for ensuring not only that countries embark on a growth path, but also that the growth is shared and sustainable. The critical areas for action rest on four pillars: the investment climate; infrastructure; innovation for increasing productivity and competitiveness; and institutional capacity.