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A New Architecture for the US National Accounts

Author

Listed:
  • Dale Jorgenson
  • J. Steven Landefeld
  • William D. Nordhaus

Abstract

The key elements of a new architecture for the U.S. national accounts have been developed in a prototype system constructed by Dale W. Jorgenson and J. Steven Landefeld, Director of the Bureau of Economic Analysis, U.S. Department of Commerce. The focus of the U.S. national accounts is shifting from economic stabilization policy toward enhancing the economy's growth potential. A second motivation for the new architecture is to integrate the different components of the decentralized U.S. statistical system and make them consistent.
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Suggested Citation

  • Dale Jorgenson & J. Steven Landefeld & William D. Nordhaus, 2006. "A New Architecture for the US National Accounts," NBER Books, National Bureau of Economic Research, Inc, number jorg06-1.
    • Handle: RePEc:nbr:nberbk:jorg06-1
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    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access

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