Tabla de Contenidos:
  • Intro; Title page; Table of Contents; Copyright; Dedication; Associate Editors; Contributors; Introduction; Chapter 1. Economic growth: a different view; 1.1. The emergence of growth; 1.2. Our approach; 1.3. Industry growth; 1.4. Growth of demand; 1.5. Development of consumer demand; 1.6. Development of investment demand; 1.7. Different growth paths; 1.8. Sustaining economic growth; 1.9. Innovation and growth; 1.10. The outcome; 1.11. Our view of economic growth; 1.12. Relationship to existing theory; 1.13. Other countries; 1.14. Conclusion
  • Chapter 2. Expanding the conceptual foundation, scope, and relevance of the US national accounts: the intersection of theory, research, and measurement2.1. Introduction; 2.2. Measurement without theory; 2.3. Today's national accounts and economic theory; 2.4. Joint evolution of theory, research, and national accounts; 2.5. Conclusion and next steps; Chapter 3. Tax policy and resource allocation; 3.1. Introduction; 3.2. Cost of capital and effective tax rates; 3.3. Dynamic general equilibrium model of the US Economy; 3.4. Equilibrium of the model and solution algorithm
  • 3.5. Welfare effects of tax reform3.6. Concluding remarks; Chapter 4. Sources of growth in the world economy: a comparison of G7 and E7 economies; 4.1. Introduction; 4.2. E7 and G7 in the world economy; 4.3. Sources of growth during 2000-17: E7 versus G7; 4.4. E7 economies in the global dynamics of economic catch-up: performance and drivers; 4.5. Prospects for the E7 and G7 economies in 2027: a projection exercise; 4.6. Conclusion; Appendix 4.A. Growth decomposition framework; Appendix 4.B. Decomposition of the catch-up performance index
  • Appendix 4.C. Growth predicting model and key assumptionsChapter 5. European productivity in the digital age: evidence from EU KLEMS; 5.1. Introduction; 5.2. The EU KLEMS database; 5.3. Industry taxonomies; 5.4. Aggregate growth accounting; 5.5. Growth by sector characteristics; 5.6. Summary and conclusions; Chapter 6. Manufacturing productivity in India: the role of foreign sourcing of inputs and domestic capacity building; 6.1. Introduction; 6.2. Trends in total factor productivity growth in India; 6.3. Determinants of TFP: the role of GVC participation and equipment capital use
  • 6.4. Summary and conclusionAbbreviations; Annexure-I: summary Statistics for FVA (foreign value-added), equipment share, and ICT (information and communication technology) variables; Chapter 7. An international comparison on TFP changes in ICT industry among Japan, Korea, Taiwan, China, and the United States; 7.1. Introduction; 7.2. Literature review; 7.3. Methodology and data compilation; 7.4. Empirical Results; 7.5. Conclusion and suggestion; Chapter 8. Losing Steam?-An industry origin analysis of China's productivity slowdown; 8.1. Introduction