Skip to main content Accessibility help
×
Home
Hostname: page-component-99c86f546-qdp55 Total loading time: 0.929 Render date: 2021-12-07T17:34:48.709Z Has data issue: true Feature Flags: { "shouldUseShareProductTool": true, "shouldUseHypothesis": true, "isUnsiloEnabled": true, "metricsAbstractViews": false, "figures": true, "newCiteModal": false, "newCitedByModal": true, "newEcommerce": true, "newUsageEvents": true }

2 - US economic growth – retrospect and prospect: lessons from a prototype industry-level production account for the US, 1947–2012

Published online by Cambridge University Press:  07 January 2017

Dale W. Jorgenson
Affiliation:
Harvard University, Massachusetts
Kyoji Fukao
Affiliation:
Hitotsubashi University, Tokyo
Marcel P. Timmer
Affiliation:
Rijksuniversiteit Groningen, The Netherlands
Get access

Summary

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Chapter
Information
The World Economy
Growth or Stagnation?
, pp. 34 - 69
Publisher: Cambridge University Press
Print publication year: 2016

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Baily, Martin, Manyika, James, and Gupta, Shalabh. 2013. “US Productivity Growth: An Optimistic Perspective,” International Productivity Monitor, 25: 312.Google Scholar
Brynjolfsson, Erik, and McAfee, Andrew. 2014. The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies. New York: W. W. Norton.Google Scholar
Byrne, David, Oliner, Steven, and Sichel, Dan. 2013. “Is the Information Technology Revolution Over?International Productivity Monitor, 25: 2036.Google Scholar
Cowen, Tyler. 2011. The Great Stagnation: How America Ate All the Low-Hanging Fruit, Got Sick, and Will (Eventually) Feel Better. New York: Dutton.Google Scholar
Cowen, Tyler. 2013. Average is Over: Powering America Beyond the Age of the Great Stagnation. New York: Dutton.Google Scholar
Domar, Evsey. 1961. “On the Measurement of Technological Change,” Economic Journal 71(284): 709729.CrossRefGoogle Scholar
Fernald, John. 2012. Productivity and Potential Output Before, During, and After the Great Recession. San Francisco: Federal Reserve Bank of San Francisco, September.Google Scholar
Fleck, Susan, Rosenthal, Steven, Russell, Matthew, Strassner, Erich H., and Usher, Lisa. 2014. “A Prototype BEA/BLS Industry-level Production Account for the United States.” In Jorgenson, Dale W., Landefeld, J. Steven, and Schreyer, Paul (eds.), Measuring Economic Stability and Progress. University of Chicago Press, 323372.CrossRefGoogle Scholar
Gordon, Robert. 2012. Is US Economic Growth Over? Faltering Innovation and the Six Headwinds. Cambridge, MA: National Bureau of Economic Research, Working Paper No 18315, August.CrossRefGoogle Scholar
Gordon, Robert. 2014. The Demise of US Economic Growth: Restatement, Rebuttal, and Reflections. Cambridge, MA: National Bureau of Economic Research, Working Paper No 19895, February.CrossRefGoogle Scholar
Harper, Michael, Moulton, Brent, Rosenthal, Steven, and Wasshausen, David B.. 2009. “Integrated GDP-Productivity Accounts,” American Economic Review, 99(2): 7479.CrossRefGoogle Scholar
Hennessey, John L., and Patterson, David A.. 2012. Computer Organization and Design, 4th edn. Waltham, MA: Morgan Kaufmann.Google Scholar
Jorgenson, Dale W. 1963. “Capital Theory and Investment Behavior,” American Economic Review, 53(2): 247259.Google Scholar
Jorgenson, Dale W. 2009. (ed.) The Economics of Productivity. Northampton, MA: Edward Elgar.Google Scholar
Jorgenson, Dale W. 2012. “The World KLEMS Initiative,” International Productivity Monitor, Fall: 519.
Jorgenson, Dale W., Gollop, Frank M., and Fraumeni, Barbara M.. 1987. Productivity and US Economic Growth. Cambridge MA: Harvard University Press.Google Scholar
Jorgenson, Dale W., Ho, Mun S., and Samuels, Jon. 2012. “Information Technology and US Productivity Growth,” in Mas, Matilde and Stehrer, Robert (eds.), Industrial Productivity in Europe. Northampton, MA: Edward Elgar, 3465.Google Scholar
Jorgenson, Dale W., Ho, Mun S., and Samuels, Jon. 2014. “What Will Revive US Economic Growth?Journal of Policy Modeling, 36(4): 674691.CrossRefGoogle Scholar
Jorgenson, Dale W., Ho, Mun S., and Stiroh, Kevin J.. 2005. Information Technology and the American Growth Resurgence. Cambridge, MA: The MIT Press.Google Scholar
Jorgenson, Dale W., Ho, Mun S., and Stiroh, Kevin J.. 2008. “A Retrospective Look at the US Productivity Growth Resurgence,” Journal of Economic Perspectives, 22(1): 324.CrossRefGoogle Scholar
Jorgenson, Dale W. and Schreyer, Paul. 2013. “Industry-level Productivity Measurement and the 2008 System of National Accounts,” Review of Income and Wealth, 58(4): 185211.CrossRefGoogle Scholar
Jorgenson, Dale W., and Vu, Khuong M.. 2013. “The Emergence of the New Economic Order: Economic Growth in the G7 and the G20,” Journal of Policy Modeling, 35(2): 389399.CrossRefGoogle Scholar
Kim, Donald D., Strassner, Erich H., and Wasshausen, David B.. 2014. “Industry Economic Accounts: Results of the Comprehensive Revision Revised Statistics for 1997–2012,” Survey of Current Business, 94(2): 118.Google Scholar
Kuznets, Simon. 1971. Economic Growth of Nations: Total Output and Production Structure. Cambridge, MA: Harvard University Press.CrossRefGoogle Scholar
Manyika, James, Hunt, David, Nyquest, Scott, Remes, Jaana, Malhotra, Vikrram, Mendonca, Lenny, August, Byron, and Test, Samantha. 2011. Growth and Renewal in the United States, Washington, DC: McKinsey Global Institute, February.Google Scholar
Markoff, John. 2004. Intel’s Big Shift after Hitting Technical Wall. New York Times, 153 (52, 888). See: www.nytimes.com/2004/05/17/business/technology-intel-s-big-shift-after-hitting-technical-wall.html.Google Scholar
Mayerhauser, Nicole M., and Strassner, Erich H.. 2010. “Preview of the Comprehensive Revision of the Annual Industry Accounts: Changes in Definitions, Classification, and Statistical Methods,” Survey of Current Business, 90(3): 2134.Google Scholar
McCulla, Stephanie H., Holdren, Alyssa E., and Smith, Shelly. 2013. “Improved Estimates of the National Income and Product Accounts: Results of the 2013 Comprehensive Revision,” Survey of Current Business, 93(9): 1445.Google Scholar
Pillai, Unni. 2011. “Technological Progress in the Microprocessor Industry,” Survey of Current Business, 91(2): 1316.Google Scholar
Schreyer, Paul. 2001. OECD Manual: Measuring Productivity: Measurement of Aggregate and Industry-Level Productivity Growth. Paris: OECD.Google Scholar
Schreyer, Paul. 2009. OECD Manual: Measuring Capital. Paris: OECD.Google Scholar
Solow, Robert M. 1957. “Technical Change and the Aggregate Production Function,” Review of Economics and Statistics, 39(3): 312320.CrossRefGoogle Scholar
Syverson, Chad. 2011. What Determines Productivity? Journal of Economic Literature, 49(2): 325365.CrossRefGoogle Scholar
United Nations, Commission of the European Communities, International Monetary Fund, Organisation for Economic Cooperation and Development, and World Bank. 2009. System of National Accounts 2008. New York: United Nations. See: http://unstats.un.org/unsd/nationalaccount/sna2008.asp.

Send book to Kindle

To send this book to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about sending to your Kindle.

Note you can select to send to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be sent to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Send book to Dropbox

To send content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about sending content to Dropbox.

Available formats
×

Send book to Google Drive

To send content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about sending content to Google Drive.

Available formats
×