Similar Search Results

Gollin, Douglas - 2013

According to national accounts data, value added per worker is much higher in the non-agricultural sector than in agriculture in the typical country, and particularly so in developing countries. Taken at face value, this "agricultural productivity gap" suggests that labor is greatly misallocated...

Persistent link: https://www.econbiz.de/10012459033

Expanded GDP for Welfare Measurement in the 21st Century

Hulten, Charles R. - 2019

this paper, we use this framework to provide a detailed critique of existing GDP and price measurement procedures and …

Persistent link: https://www.econbiz.de/10012480522

Estimating real production and expenditures across nations : a proposal for improving the Penn world tables

Feenstra, Robert C. (contributor) - 2004

"In this paper we propose a new approach to international comparisons of real GDP measured from the output-side. The traditional Geary-Khamis system to measure real GDP from the expenditure-side is modified to include differences in the terms of trade between countries. It is shown that this...

Persistent link: https://www.econbiz.de/10010522867

Quality Improvement in Health Care : A Framework for Price and Output Measurement

Shapiro, Irving - 1999

how this framework might be used to improve measurement of health care prices and output …

Persistent link: https://www.econbiz.de/10012471836

Errors of Measurement in Output Deflators

Lichtenberg, Frank R. - 1986

In this paper we investigate the incidence of measurement errors in two independent estimates of long-term price change …, within the framework of "multiple indicators" models of price measurement. We develop estimates of the measurement … importance of the problem posed by quality change for price and productivity measurement. Less than half of quality change, which …

Persistent link: https://www.econbiz.de/10012477071

On the Controversies behind the Origins of the Federal Economic Statistics

Rockoff, Hugh - 2019

Although attempts to measure trends in prices, output, and employment can be traced back for centuries, in the main the origins of the U.S. federal statistics are to be found in bitter debates over economic policy, ultimately debates over the distribution of income, at the end of the nineteenth...

Persistent link: https://www.econbiz.de/10012479387

Accounting for Innovation in Consumer Digital Services : IT Still Matters

Byrne, David - 2019

This paper develops a framework for measuring digital services in the face of ongoing innovations in the delivery of content to consumers. We capture what Brynjolfsson and Saunders (2009) call "free goods" as the capital services generated by connected consumers' stocks of IT digital goods, a...

Persistent link: https://www.econbiz.de/10012479959

Shining a Light on Purchasing Power Parities

Pinkovskiy, Maxim - 2018

Nighttime lights data are a measure of economic activity whose error is plausibly independent of the measurement errors …

Persistent link: https://www.econbiz.de/10012453295

Measuring Economic Growth from Outer Space

Henderson, J. Vernon - 2009

growth to augment existing income growth measures, under the assumption that measurement error in using observed light as an … indicator of income is uncorrelated with measurement error in national income accounts. For countries with good national income … official data. Lights data also allow for measurement of income growth in sub- and supranational regions. As an application, we …

Persistent link: https://www.econbiz.de/10012463450

Estimating Real Production and Expenditures Across Nations : A Proposal for Improving the Penn World Tables

Feenstra, Robert C. - 2004

In this paper we propose a new approach to international comparisons of real GDP measured from the output-side. The traditional Geary-Khamis system to measure real GDP from the expenditure-side is modified to include differences in the terms of trade between countries. It is shown that this...

Persistent link: https://www.econbiz.de/10012467823

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