A NEW ARCHITECTURE FOR THE U.S. NATIONAL ACCOUNTS

Dale W. Jorgenson

63 citations0/0 files storedReview of Income and Wealth

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Economic Theory and Policy Accounting Theory and Financial Reporting Economic Growth and Productivity

Abstract

The key elements of a new architecture for the U.S. national accounts have been developed in a prototype system constructed by Dale W. Jorgenson and J. Steven Landefeld, Director of the Bureau of Economic Analysis, U.S. Department of Commerce. The focus of the U.S. national accounts is shifting from economic stabilization policy toward enhancing the economy's growth potential. A second motivation for the new architecture is to integrate the different components of the decentralized U.S. statistical system and make them consistent.

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1963Capital Theory and Investment Behavior 1976Exact and superlative index numbers 2000The Resurgence of Growth in the Late 1990s: Is Information Technology the Story?2000Raising the Speed Limit: U.S. Economic Growth in the Information Age 2003Is There a Bubble in the Housing Market?2001Information Technology and the U.S. Economy 2008The Productivity Gap between Europe and the United States: Trends and Causes 2004Toward National Well-Being Accounts

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