Beyond the Market:

Beyond the Market:

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The national income and product accounts that underlie gross domestic product (GDP), together with other key economic dataA—price and employment statisticsA— are widely used as indicators of how well the nation is doing. GDP, however, is focused on the production of goods and services sold in markets and reveals relatively little about important production in the home and other areas outside of markets. A set of satellite accountsA—in areas such as health, education, volunteer and home production, and environmental improvement or pollutionA—would contribute to a better understanding of major issues related to economic growth and societal well-being. Beyond the Market: Designing Nonmarket Accounts for the United States hopes to encourage social scientists to make further efforts and contributions in the analysis of nonmarket activities and in corresponding data collection and accounting systems. The book illustrates new data sources and new ideas that have improved the prospects for progress. ACCOUNTING AND DATA FOUNDATIONS 53 Statistics is a source of ... Although we recognize that creation of better coordinated demographic data would require significant effort by statistical agenciesanbsp;...

Title:Beyond the Market:
Author:Panel to Study the Design of Nonmarket Accounts, Committee on National Statistics, Division of Behavioral and Social Sciences and Education, National Research Council
Publisher:National Academies Press - 2004-12-29


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