Found 26 article(s) for author 'Dale Jorgenson'

Potential Growth of the World Economy

Potential Growth of the World Economy. Dale Jorgenson, 2010, Paper. “This paper introduces a new framework for projecting potential growth of the world economy, emphasizing the contribution of information technology. We first analyze the sources of economic growth for the world economy, seven regions, and fourteen major economies during four periods – 1989-1995, 1995-2000, 2000-2004, and 2004-2008. The contribution of investment in information technology has increased in all regions, but especially in industrialized economies and Developing Asia. We then project the potential growth rates…” (May require user account or purchase) Link

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Growth Accounting within the International Comparison Program

Growth Accounting within the International Comparison Program. Dale Jorgenson, April 2009, Paper. “This paper analyzes the sources of economic growth of the world economy, seven regions, and fourteen major economies during three periods – 1989-1995, 1995-2000, and 2000- 2006. We allocate the growth of world output, as measured in the World Bank’s International Comparison Program, between input growth and productivity. We find, surprisingly, that input growth greatly predominates! Moreover, except for the industrialized economies, differences in per capita output levels are explained by differences in per capita input, rather...” Link

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Taxation, Efficiency, and Economic Growth

Taxation, Efficiency, and Economic Growth. Dale Jorgenson, Mun Ho, May 9, 2008, Book Chapter. “In this paper we model U.S. labor supply and demand over the next 25 years. Despite the anticipated aging of the population, moderate population growth will provide growing supplies of labor well into the 21st century. Improvements in labor quality due to greater education and experience will also continue for some time, but will eventually disappear. Productivity growth for the U.S. economy will be below long-term historical averages, but labor-using technical change will be a stimulus to the growth of labor demand. Year to-year changes in economic...” Link

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U.S. Labor Supply and Demand in the Long Run

U.S. Labor Supply and Demand in the Long Run. Dale Jorgenson, Mun Ho, May 9, 2008, Paper. “In this paper we model U.S. labor supply and demand over the next 25 years. Despite the anticipated aging of the population, moderate population growth will provide growing supplies of labor well into the 21st century. Improvements in labor quality due to greater education and experience will also continue for some time, but will eventually disappear. Productivity growth for the U.S. economy will be below long-term historical averages, but labor-using technical change will be a stimulus to the growth of labor demand. Year to-year changes in economic…” Link

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Latin America and The World Economy

Latin America and The World Economy. Dale Jorgenson, October 29, 2007, Book Chapter. “This paper analyzes the impact of investment in information technology (IT) on the recent resurgence of growth in Latin America and the world economy. We describe the growth of the world economy, seven regions, including Latin America, and fourteen major economies during the period 1989-2005. We allocate the growth of world output between input growth and productivity and find, surprisingly, that input growth greatly predominates! Moreover, differences in per capita output levels are explained by differences in per capita input, rather than…” Link

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