International Economic Transactions

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analytical procedures
big business
budget cuts
Category=KCL
commerce
commercial information
data enhancement
debt
economic statistics
empirical info
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eq_business-finance-law
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government
import prices
indicators
inflation rates
innovative research
international economics
manufacturing output
national productivity
policy
politics
relative poverty
service transactions
social security payments
standards of living
statistical methods
trade flows
united states
wages

Product details

  • ISBN 9780226351353
  • Weight: 879g
  • Dimensions: 20 x 25mm
  • Publication Date: 01 Mar 1992
  • Publisher: The University of Chicago Press
  • Publication City/Country: US
  • Product Form: Hardback
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How the government arrives at its official economic statistics deeply influences the lives of every American. Social Security payments and even some wages are linked to import prices through official inflation rates; special measures of national product are necessary for valid comparisons of vital social indicators such as relative standards of living and relative poverty. Poor information can result in poor policies. And yet, federal statistics agencies have been crippled by serious budget cuts—and more cuts may lie ahead.

Questioning the quality of current data and analytical procedures, this ambitious volume proposes innovative research designs and methods for data enhancement, and offers new data on trade prices and service transactions for future studies. Leading researchers address the measurement of international trade flows and prices, including the debate over measurement of computer prices and national productivity; compare international levels of manufacturing output; and assess the extent to which the United States has fallen into debt to the rest of the world.