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The Economics of New Goods
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New goods are at the heart of economic progress. The eleven essays in this volume include historical treatments of new goods and their diffusion; practical exercises in measurement addressed to recent and ongoing innovations; and real-world methods of devising quantitative adjustments for quality change.
The lead article in Part I contains a striking analysis of the history of light over two millenia. Other essays in Part I develop new price indexes for automobiles back to 1906; trace the role of the air conditioner in the development of the American south; and treat the germ theory of disease as an economic innovation. In Part II essays measure the economic impact of more recent innovations, including anti-ulcer drugs, new breakfast cereals, and computers. Part III explores methods and defects in the treatment of quality change in the official price data of the United States, Canada, and Japan.
This pathbreaking volume will interest anyone who studies economic growth, productivity, and the American standard of living.
The lead article in Part I contains a striking analysis of the history of light over two millenia. Other essays in Part I develop new price indexes for automobiles back to 1906; trace the role of the air conditioner in the development of the American south; and treat the germ theory of disease as an economic innovation. In Part II essays measure the economic impact of more recent innovations, including anti-ulcer drugs, new breakfast cereals, and computers. Part III explores methods and defects in the treatment of quality change in the official price data of the United States, Canada, and Japan.
This pathbreaking volume will interest anyone who studies economic growth, productivity, and the American standard of living.
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Titles in the series (31)
The U.S. National Income and Product Accounts: Selected Topics Rating: 0 out of 5 stars0 ratingsFifty Years of Economic Measurement: The Jubilee of the Conference on Research in Income and Wealth Rating: 0 out of 5 stars0 ratingsThe Economics of New Goods Rating: 5 out of 5 stars5/5Modeling the Distribution and Intergenerational Transmission of Wealth Rating: 0 out of 5 stars0 ratingsThe Measurement of Labor Cost Rating: 5 out of 5 stars5/5Horizontal Equity, Uncertainty, and Economic Well-being Rating: 0 out of 5 stars0 ratingsEconomic Transfers in the United States Rating: 0 out of 5 stars0 ratingsThe Measurement of Capital Rating: 3 out of 5 stars3/5Labor Statistics Measurement Issues Rating: 0 out of 5 stars0 ratingsOutput Measurement in the Service Sectors Rating: 1 out of 5 stars1/5Long-Term Factors in American Economic Growth Rating: 5 out of 5 stars5/5Productivity Growth in Japan and the United States Rating: 5 out of 5 stars5/5Price Measurements and Their Uses Rating: 0 out of 5 stars0 ratingsInternational and Interarea Comparisons of Income, Output, and Prices Rating: 0 out of 5 stars0 ratingsGeography and Ownership as Bases for Economic Accounting Rating: 5 out of 5 stars5/5A New Architecture for the U.S. National Accounts Rating: 0 out of 5 stars0 ratingsMeasuring Economic Sustainability and Progress Rating: 0 out of 5 stars0 ratingsMeasuring Capital in the New Economy Rating: 0 out of 5 stars0 ratingsNew Developments in Productivity Analysis Rating: 0 out of 5 stars0 ratingsMedical Care Output and Productivity Rating: 0 out of 5 stars0 ratingsBig Data for Twenty-First-Century Economic Statistics Rating: 0 out of 5 stars0 ratingsImproving the Measurement of Consumer Expenditures Rating: 0 out of 5 stars0 ratingsMeasuring Wealth and Financial Intermediation and Their Links to the Real Economy Rating: 0 out of 5 stars0 ratingsScanner Data and Price Indexes Rating: 0 out of 5 stars0 ratingsLabor in the New Economy Rating: 0 out of 5 stars0 ratingsHard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches Rating: 0 out of 5 stars0 ratingsInternational Trade in Services and Intangibles in the Era of Globalization Rating: 0 out of 5 stars0 ratingsMeasuring Entrepreneurial Businesses: Current Knowledge and Challenges Rating: 0 out of 5 stars0 ratingsChallenges of Globalization in the Measurement of National Accounts Rating: 0 out of 5 stars0 ratingsMeasuring and Modeling Health Care Costs Rating: 0 out of 5 stars0 ratings
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The Economics of New Goods - Timothy F. Bresnahan
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