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The Structure of Production: New Revised Edition by Mark Skousen (Paperback, 2015)

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Author: Mark Skousen. Title: The Structure of Production. Format: Paperback. Item Weight: 658g. Missing Information?. Country/Region of Manufacture: US. Item Height: 229mm. Item Length: 152mm.

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In 2014, the U. S. government adopted a new quarterly statistic called gross output (GO), the most significance advance in national income accounting since gross domestic product (GDP) was developed in the 1940s. The announcement came as a triumph for Mark Skousen, who advocated GO nearly 25 years ago as an essential macroeconomic tool and a better way to measure the economy and the business cycle. Now it has become an official statistic issued quarterly by the Bureau of Economic Analysis at the U. S. Department of Commerce. In this new revised edition of Structure of Production, Skousen shows why GO is a more accurate and comprehensive measure of the economy because it includes business-to-business transactions that move the supply chain along to final use. (GDP measures the value of finished goods and services only, and omits B-to-B activity.) GO is an attempt to measure spending at all stages of production. Using GO, Skousen demonstrates that the supply-side of the business spending is far more important than consumer spending, is more consistent with economic growth theory, and a better measure of the business cycle.

Product Identifiers

Publisher
New York University Press
ISBN-13
9781479848522
eBay Product ID (ePID)
209057529

Product Key Features

Author
Mark Skousen
Publication Name
The Structure of Production: New Revised Edition
Format
Paperback
Language
English
Subject
Accounting
Publication Year
2015
Type
Textbook
Number of Pages
417 Pages

Dimensions

Item Height
229mm
Item Width
152mm
Item Weight
658g

Additional Product Features

Title_Author
Mark Skousen
Country/Region of Manufacture
United States

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item 1 Mark Skousen The Structure of Production (Paperback)
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item 2 Mark Skousen The Structure of Production (Paperback) (US IMPORT)
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item 3 The Structure of Production: New Revised Edition by Mark Skousen (English) Paper
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The Structure of Production: New Revised Edition by Mark Skousen (Paperback, 2015)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

All listings for this product

item 1 Mark Skousen The Structure of Production (Paperback)

item 2 Mark Skousen The Structure of Production (Paperback) (US IMPORT)

item 3 The Structure of Production: New Revised Edition by Mark Skousen (English) Paper

Best Selling in Adult Learning & University

Eduqas GCSE (9-1) Religious Studies Route B: Catholic Christianity and Judaism by Deirdre Cleary, Andrew Barron, Joy White, Patrick Harrison (Paperback, 2017)

Australian Guidebook for Structural Engineers by Lonnie Pack (Paperback, 2019)

Taking Charge of Adult ADHD by Christine M. Benton, Russell A. Barkley (Paperback, 2021)

Time Management by Peter Quarry (Paperback, 1986)

Save on Adult Learning & University

Weed Forager's Handbook: A Guide to Edible and Medicinal Weeds in Australia by A

Netter Atlas of Human Anatomy: Classic Regional Approach

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Classical Mechanics: The Theoretical Minimum by George Hrabovsky

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