The Structure of Production: New Revised Edition
In 2014, the U. S. government adopted a new quarterly statistic called gross output (GO), the most significance advance in national income accounting since gross domestic product (GDP) was developed in the 1940s. The announcement came as a triumph for Mark Skousen, who advocated GO nearly 25 years a...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
New York, NY
New York University Press
[2015]
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| Schlagworte: | |
| Online-Zugang: | FAB01 FAW01 FHA01 FKE01 FLA01 UPA01 UBG01 FCO01 Volltext |
| Zusammenfassung: | In 2014, the U. S. government adopted a new quarterly statistic called gross output (GO), the most significance advance in national income accounting since gross domestic product (GDP) was developed in the 1940s. The announcement came as a triumph for Mark Skousen, who advocated GO nearly 25 years ago as an essential macroeconomic tool and a better way to measure the economy and the business cycle. Now it has become an official statistic issued quarterly by the Bureau of Economic Analysis at the U. S. Department of Commerce. In this new revised edition of Structure of Production, Skousen shows why GO is a more accurate and comprehensive measure of the economy because it includes business-to-business transactions that move the supply chain along to final use. (GDP measures the value of finished goods and services only, and omits B-to-B activity.) GO is an attempt to measure spending at all stages of production. Using GO, Skousen demonstrates that the supply-side of the business spending is far more important than consumer spending, is more consistent with economic growth theory, and a better measure of the business cycle |
| Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Jul 2020) |
| Beschreibung: | 1 online resource |
| ISBN: | 9781479833818 |
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Datensatz im Suchindex
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| author | Skousen, Mark |
| author_facet | Skousen, Mark |
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| author_sort | Skousen, Mark |
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| dewey-full | 338.5 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 338 - Production |
| dewey-raw | 338.5 |
| dewey-search | 338.5 |
| dewey-sort | 3338.5 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| index_date | 2024-07-03T15:08:34Z |
| indexdate | 2024-07-10T08:55:26Z |
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| isbn | 9781479833818 |
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| spelling | Skousen, Mark Verfasser aut The Structure of Production New Revised Edition Mark Skousen New York, NY New York University Press [2015] © 2015 1 online resource txt rdacontent c rdamedia cr rdacarrier Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Jul 2020) In 2014, the U. S. government adopted a new quarterly statistic called gross output (GO), the most significance advance in national income accounting since gross domestic product (GDP) was developed in the 1940s. The announcement came as a triumph for Mark Skousen, who advocated GO nearly 25 years ago as an essential macroeconomic tool and a better way to measure the economy and the business cycle. Now it has become an official statistic issued quarterly by the Bureau of Economic Analysis at the U. S. Department of Commerce. In this new revised edition of Structure of Production, Skousen shows why GO is a more accurate and comprehensive measure of the economy because it includes business-to-business transactions that move the supply chain along to final use. (GDP measures the value of finished goods and services only, and omits B-to-B activity.) GO is an attempt to measure spending at all stages of production. Using GO, Skousen demonstrates that the supply-side of the business spending is far more important than consumer spending, is more consistent with economic growth theory, and a better measure of the business cycle In English BUSINESS & ECONOMICS / Accounting / Financial bisacsh Macroeconomics Production (Economic theory) https://www.degruyter.com/isbn/9781479833818 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Skousen, Mark The Structure of Production New Revised Edition BUSINESS & ECONOMICS / Accounting / Financial bisacsh Macroeconomics Production (Economic theory) |
| title | The Structure of Production New Revised Edition |
| title_auth | The Structure of Production New Revised Edition |
| title_exact_search | The Structure of Production New Revised Edition |
| title_exact_search_txtP | The Structure of Production New Revised Edition |
| title_full | The Structure of Production New Revised Edition Mark Skousen |
| title_fullStr | The Structure of Production New Revised Edition Mark Skousen |
| title_full_unstemmed | The Structure of Production New Revised Edition Mark Skousen |
| title_short | The Structure of Production |
| title_sort | the structure of production new revised edition |
| title_sub | New Revised Edition |
| topic | BUSINESS & ECONOMICS / Accounting / Financial bisacsh Macroeconomics Production (Economic theory) |
| topic_facet | BUSINESS & ECONOMICS / Accounting / Financial Macroeconomics Production (Economic theory) |
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