Òhe New Economy: Statistical Measurements

Dimiter Rafailov

Economic Thought journal, 2002, issue 7, 73-87

Abstract: This paper discusses the 'New Economy' in connection with the on-going global debate on its range, content and statistical measurement. It includes all changes and effects in productivity and growth, caused by ideas, information, information and communication technologies and their infrastructure throughout the globalization of markets. Statistical measurements of the New Economy are based on the System of National Accounts, its subjects and interaction. There is an analysis of empirical results on added value, employment and productivity rates in the New Economy of countries from the European Union, the USA and Japan. Some general conclusions are given on the need for further development of the methodology of statistical measurements of that economy.

JEL-codes: C82 F02 O11 (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2002:i:7:p:73-87

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