Sources of Growth Accounting as the Basis for Long-term Projection in the United States

E. F. Denison

Chapter 11 in Methods of Long-term Planning and Forecasting, 1976, pp 241-264 from Palgrave Macmillan

Abstract: Abstract All long-run projections of total output combine pieces of information pertinent to the future with guesses and with extrapolations of past trends or associations, and no method can assure accuracy. A projection based on the sources of growth technique is no exception.

Keywords: National Income; Labour Input; Growth Account; Unpaid Family Worker; Average Hourly Earning (search for similar items in EconPapers)
Date: 1976
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-02649-4_11

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DOI: 10.1007/978-1-349-02649-4_11

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