Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions

Measuring Economic Growth and Productivity 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, its contributors align the measurement of growth and productivity to contemporary global challenges, addressing the need for measurements superior to the Gross Domestic Product. All contributors to this foundational volume are recognized experts in their fields, 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 productivityIncludes 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 INDICE: Foundations 1. Economic Growth 2. National Income Accounting 3. Taxation KLEMS 4. Sources of Growth in the World Economy: A Comparison of G7 and E7 Economies 5. EU KLEMS 6. Latin America KLEMS 7. India KLEMS 8. ICT Development and its Impact on Employment in Japan and Korea 9. A Comparison on ICT Productivity Changes between China and Taiwan 10. Measuring Quality-adjusted Labor Inputs in South Asia, 1970-2015 11. Norway KLEMS 12. Progress on Australia and Russia KLEMS 13. Historical KLEMS Estimates and the 2018 Comprehensive Revision of the U.S. National Accounts Extensions 14. ICT Prices 15. Digital Economy 16. Spillovers from Intangible Capital and Productivity in the EU and US 17. Global Value Chains 18. Carbon Taxes (U.S) in a Dynamic General Equilibrium Model 19. Carbon Price Policy for China 20. Consumption and Welfare 21. Accumulation of U.S. Human and Nonhuman Capital, 1948-2013: A Long View

• ISBN: 978-0-12-817596-5
• Editorial: Academic Press
• Encuadernacion: Rústica
• Páginas: 500
• Fecha Publicación: 01/09/2019
• Nº Volúmenes: 1
• Idioma: Inglés