Uma nova forma de medir a economia

By Mark Skousen
“A balanced Input-Output framework…provides a more accurate and consistent picture of the U. S. economy.”
– Survey of Current Business
Starting in spring 2014, the Bureau of Economic Analysis will release a breakthrough new economic statistic on a quarterly basis.  It’s called Gross Output, a measure of total sales volume at all stages of production. GO is almost twice the size of GDP, the standard yardstick for measuring final goods and services produced in a year.
This is the first new economic aggregate since Gross Domestic Product (GDP) was introduced over fifty years ago.
It’s about time. Starting with my work The Structure of Production in 1990 and Economics on Trial in 1991, I have made the case that we needed a new statistic beyond GDP that measures spending throughout the entire production process, not just final output.  GO is a move in that direction – a personal triumph 25 years in the making.
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