Measuring economic sustainability and progress / edited by Dale W. Jorgenson, J. Steven Landefeld, and Paul Schreyer.

Format
Book
Language
English
Published/​Created
  • Chicago ; London : University of Chicago Press, [2014]
  • ©2014
Description
xi, 659 pages : illustrations ; 24 cm

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    Summary note
    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.-- Provided by Publisher.
    Notes
    "This volume contains revised versions of most of the papers and discussions presented at the Conference on Research in Income and Wealth entitled "Measuring economic sustainability and progress," held in Cambridge, Massachusetts, on August 6-8, 2012."--Prefatory note.
    Bibliographic references
    Includes bibliographical references and indexes.
    Contents
    • Introduction / Dale W. Jorgenson, J. Steven Landefeld, and Paul Schreyer
    • Economic measurement / Ben S. Bernanke
    • Expanded measurement of economic activity : progress and prospects / Katharine G. Abraham
    • Measuring social welfare in the U.S. national accounts / Dale W. Jorgenson and Daniel T. Slesnick
    • Household production, leisure and living standards / Paul Schreyer and W. Erwin Diewert
    • Representing consumption and saving without a representative consumer / Christopher D. Carroll
    • Integration of micro and macro data on consumer income and expenditures / Clinton P. McCully
    • Trends in the distribution of household income, 1979-2010 / Edward Harris and Frank Sammartino
    • Accounting for the distribution of income in the U.S. national accounts / Dennis Fixler and David S. Johnson
    • Analysis of wealth using micro and macro data : a comparison of the survey of consumer finances and flow of funds accounts / Alice M. Henriques and Joanne W. Hsu
    • The integrated macroeconomic accounts of the United States / Marco Cagetti, Elizabeth Ball Holmquist, Lisa Lynn, Susan Hume McIntosh, and David Wasshausen
    • A prototype BEA/BLS industry-level production account for the United States / Susan Fleck, Steven Rosenthal, Matthew Russell, Erich H. Strassner, Lisa Usher
    • Toward the development of sectoral financial positions and flows in a from-whom-to-whom framework / Manik Shrestha
    • Towards the measurement of net economic welfare : air pollution damage in the U.S.national accounts: 2002, 2005, 2008 / Nicholas Z. Muller
    • Human capital accounting in the United States : context, measurement, and application / Michael S. Christian
    • Measuring the stock of human capital for international and inter-temporal comparisons / Gang Liu
    • Developing a framework for decomposing medical-care expenditure growth : exploring issues of representativeness / Abe Dunn, Eli Liebman, and Adam Hale Shapiro
    • Experimental measures of output and productivity in the Canadian hospital sector, 2002 to 2010 / Wulong Gu and Stéphane Morin
    • Innovation accounting / Carol A. Corrado and Charles R. Hulten
    • Panel remarks / J. Steven Landefeld, Shirin Ahmed, John W. Ruser, Adelheid Burgi-Schmelz.
    ISBN
    • 9780226121338 ((cloth ; : alkaline paper))
    • 022612133X ((cloth ; : alkaline paper))
    LCCN
    2013040583
    OCLC
    860755309
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