A new architecture for the U.S. national accounts / edited by Dale W. Jorgenson, J. Steven Landefeld, and William D. Nordhaus.

Format:

Book

Conference/Event

Contributor:

Jorgenson, Dale W. (Dale Weldeau), 1933-

Landefeld, J. Steven.

Nordhaus, William D.

Conference on Research in Income and Wealth.

Conference Name:

Conference on a New Architecture for the U.S. National Accounts (2004 : Washington, D.C.)

Series:

Studies in income and wealth ; v. 66.

Studies in income and wealth ; v. 66

Language:

English

Subjects (All):

National income--United States--Accounting--Congresses.

National income.

Finance, Public--Econometric models--Congresses.

Finance, Public.

National income--Accounting--Mathematical models--Congresses.

Physical Description:

1 online resource (649 p.)

Edition:

1st ed.

Other Title:

New architecture for the United States national accounts

New architecture for the US national accounts

Place of Publication:

Chicago : University of Chicago Press, 2006.

Language Note:

English

Summary:

A New Architecture for the U.S. National Accounts brings together a distinguished group of contributors to initiate the development of a comprehensive and fully integrated set of United States national accounts. The purpose of the new architecture is not only to integrate the existing systems of accounts, but also to identify gaps and inconsistencies and expand and incorporate systems of nonmarket accounts with the core system. Since the United States economy accounts for almost thirty percent of the world economy, it is not surprising that accounting for this huge and diverse set of economic activities requires a decentralized statistical system. This volume outlines the major assignments among institutions that include the Bureau of Economic Analysis, the Bureau of Labor Statistics, the Department of Labor, the Census Bureau, and the Governors of the Federal Reserve System. An important part of the motivation for the new architecture is to integrate the different components and make them consistent. This volume is the first step toward achieving that goal.

Contents:

Blueprint for expanded and integrated U.S. accounts: review, assessment, and next steps / Dale W. Jorgenson, J. Steven Landefeld

The architecture of the system of national accounts: a three-way international comparison of Canada, Australia, and the United Kingdon / Karen Wilson

Principles of national accounting for nonmarket accounts / William D. Nordhaus

A framework for nonmarket accounting / Katharine G. Abraham, Christopher Mackie

The "architecture" of capital accounting: basic design principles / Charles R. Hulten

Integrating industry and national economic accounts: first steps and future improvements / Ann M. Lawson, Brian C. Moyer, Sumiye Okubo, Mark A. Planting

Aggregation issues in integrating and accelerating the BEA's accounts: improved methods for calculating GDP by industry / Brian C. Moyer, Marshall B. Reinsdorf, Robert E. Yuskavage. Comment by W. Erwin Diewert

Integrating expenditure and income data: what to do with the statistical discrepancy? J. Joseph Beaulieu, Eric J. Bartelsman

An integrated BEA/BLS production account: a first step and theoretical considerations / Barbara M. Fraumeni, Michael J. Harper, Susan G. Powers, Robert E. Yuskavage. Comment by Carol Corrado

The integration of the Canadian productivity accounts within the system of national accounts: current status and challenges ahead / John R. Baldwin, Tarek M. Harchaoui

Integrated macroeconomic accounts for the United States: draft SNA-USA / Albert M. Teplin, Rochelle Antoniewicz, Susan Hume McIntosh, Michael G. Palumbo, Genevieve Solomon, Charles Ian Mead, Karin Moses, Brent Moulton

Micro and macro data integration: the case of capital / Randy A. Becker, John Haltiwanger, Ron S. Jarmin, Shawn D. Klimek, Daniel J. Wilson

Panel remarks / Thomas L. Mesenbourg, Kathleen P. Utgoff, Larry Slifman, Katharine G. Abraham, J. Steven Landefeld.

Notes:

"National Bureau of Economic Research, Conference on Research in Income and Wealth"--Ser. t.p.

Proceedings of the Conference on New Architecture for the U.S. National Accounts, held April 16-17, 2004 in Washington, D.C.

Includes bibliographical references and indexes.

ISBN:

9786611125806

9781281125804

1281125806

9780226410876

0226410870

OCLC:

476227183