"While the importance of natural resources and the contributions of the environment to welfare are apparent, traditional national income and wealth accounting practices do not measure or value environmental public goods. This volume examines the conceptual and empirical basis for integrating...

"The substantial increase in the complexity of global supply chains and other production arrangements over the last three decades has challenged some traditional measures of national income accounts aggregates and raised the potential for distortions in conventional calculations of GDP and...

"The measurement infrastructure for the production of economic statistics in the United States largely was established in the middle part of the 20th century. As has been noted by a number of commentators, the data landscape has changed in fundamental ways since this infrastructure was...

"Economic research on the efficient allocation of resources has a long history. Increasingly, attention has turned to inequality in the distribution of personal resources and outcomes, and whether individuals or children are locked in their respective places in this distribution or whether...

Intro -- Contents -- Prefatory Note -- Introduction - Ana Aizcorbe, Colin Baker, Ernst R. Berndt, and David M. Cutler -- I. Methodological Issues in Measuring Health Care Costs and Outcomes -- 1. Measuring Health Services in the National Accounts: An International Perspective - Paul Schreyer and...

"Measuring innovation is a challenging task, both for researchers and for national statisticians. This task is timely and valuable given that policy and public interest in innovation has become increasingly intense in this era of digital revolution, yet National GDP Accounts and other economic...

Frontmatter -- Contents -- Introduction / Hulten, Charles R. / Ramey, Valerie A. -- I. The Macroeconomic Link between Education and Real GDP Growth -- 1. Educational Attainment and the Revival of US Economic Growth / Jorgenson, Dale W. / Ho, Mun S. / Samuels, Jon D. -- 2. The Outlook for US...