This article focuses on agricultural productivity growth at both sector and state levels. It does so in a way that preserves the economic integrity of national and state production accounts. A model accounting for interstate transactions in farm goods links sectorwide and state-specific measures...

For US electric utilities realized rates of return were less than allowed rates from 1977-82 and less than the market cost of capital from 1979-82. Also, allowed rates were less than the cost of capital in 1980 and 1981. Estimates of the influence of ...

In this paper we evaluate the impact of the Tax Reform Act of 1986 on U.S. economic growth. We first calculate effective tax rates on income from capital employed in corporate, noncorporate, and household sectors. We then project the future growth of the U.S. economy with and without the 1986...

No abstract provided.

I. Introduction, 416.--II. The dynamic input-output system, 420.--III. Stability of the dynamic input-output system: investment policy, 423.--IV. Stability of the dynamic input-output system: output policy, 430.--V. Summary and conclusion, 434.

Trans-Pacific competition between Japanese and U.S. industries has provided powerful incentives for mutually beneficial economic cooperation between Japan and the United States. The benefits would be greatly enhanced by the proposed Trans-Pacific Partnership, an international agreement that...