Publications

2016
Dale W, Jorgenson. “The More Global Value Chains Expand, the More the TPP Makes Sense.” Nikkei Asian Review, 2016, August 23. Publisher's Version
Jorgenson, Dale W., Mun S. Ho, and Jon D. Samuels. “The Recovery of Employment and the Revival of U.S. Economic Growth.” Vox, 2016, November 1, 2016. Publisher's Version
Jorgenson, Dale W., and Khuong Minh Vu. “The Outlook for Emerging Economies.” Journal of Policy Modeling 38, no. 4 (2016): 670-682. Publisher's Version
Jorgenson, Dale W.Econometric General Equilibrium Modeling.” Journal of Policy Modeling 38, no. 3 (2016): 436-447. Publisher's Version
Jorgenson, Dale W., Koji Nomura, and Jon D. Samuels. “A Half Century of Trans-Pacific Competition: Price Level Indices and Productivity Gaps for Japanese and US Industries, 1955-2012.” In The World Economy: Growth or Stagnation?, 469-507. Cambridge, UK: Cambridge University Press, 2016. Publisher's Version
Jorgenson, Dale W., Mun S. Ho, and Jon D. Samuels. “US Economic Growth -- Retrospect and Prospect: Lessons from a Prototype Industry-Level Production Account for the US, 1947-2012.” In The World Economy: Growth or Stagnation, 34-69. Cambridge, UK: Cambridge University Press, 2016. Publisher's Version
Jorgenson, Dale W.The New World Order.” In The World Economy: Growth or Stagnation?, 1-33. Cambridge, UK: Cambridge University Press, 2016.
Jorgenson, Dale W.Econometric general equilibrium modeling.” Journal of Policy Modeling 38, no. 3 (2016): 436-447. Publisher's VersionAbstract

The point of departure for the study of the impact of energy and environmental policies is the neo-classicaltheory of economic growth formulated by Cass (1965) and Koopmans (1967). The long-run properties ofeconomic growth models are independent of energy and environmental policies. However, these policiesaffect capital accumulation and rates of productivity growth that determine the intermediate-run trends thatare important for policy evaluation.

Heterogeneity of different energy producers and consumers is critical for the implementation of energyand environmental policies. To capture this heterogeneity it is necessary to distinguish among commodities,industries, and households. Econometric methods are essential for summarizing information on differentindustries and consumer groups in a form suitable for general equilibrium modeling.

In this paper we consider the application of econometric general equilibrium modeling to the U.S., theeconomy that has been studied most intensively. The framework for our analysis is provided by the Intertem-poral General Equilibrium Model (IGEM) introduced by Jorgenson and Wilcoxen (1990). The new versionof the IGEM presented in this paper is employed for the evaluation of proposed legislation on climate policyby the U.S. Environmental Protection Agency (2011).© 2016 Published by Elsevier Inc. on behalf of The Society for Policy Modeling.

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The World Economy: Growth or Stagnation?
Jorgenson, Dale W., Kyoji Fukao, and Marcel P. Timmer, ed. The World Economy: Growth or Stagnation?. Cambridge, UK: Cambridge University Press, 2016. Publisher's VersionAbstract

The balance of the world economy is shifting away from the established economies of Europe, Japan, and the USA, towards the emerging economies of Asia, especially India and China. With contributions from some of the world's leading growth theorists, this book analyses the long-term process of structural change and productivity growth across the world from a unique comparative perspective. Ongoing research from the World KLEMS Initiative is used to comparatively study new sources of growth - including the role of investment in intangible assets, human capital, technology catch-up, and trade in global value chains. This book provides comparisons of industries and economies that are key to analysing the impacts of international trade and investment. This makes it an ideal read for academics and students interested in understanding current patterns of economic growth. It will also be of value to professionals with an interest in the drivers of economic growth and crisis.

  • This is the first book that analyses the process of structural change and productivity growth in Asia, Europe, Latin America and the USA from a long-term comparative perspective
  • Relies on industry-level data for individual economies, rather than abstract conceptual models, and uses a common methodology throughout, to maximise accessibility
  • Provides state-of-the-art techniques, whilst remaining accessible for non-specialists
  • The information in the book is backed up by ongoing active research efforts
2015
Jorgenson, Dale W., and Khuong M. Vu. “Australia and the Growth of the World Economy: 24th Colin Clark Memorial Lecture.” Economic Analysis and Policy 47, no. September (2015): 90-100.
Jorgenson, Dale W., Mun S. Ho, and Jon D. Samuels. “The Impact of Information Technology on Postwar U.S. Economic Growth.” Telecommunications Policy November (2015).
Jorgenson, Dale W., Mun S. Ho, and Jon D. Samuels. “The Outlook for U.S. Economic Growth.” In Understanding the Growth Slowdown, edited by Brink Lindsey, 11-30. Washington, DC: The Cato Institute Press, 2015.
Jorgenson, Dale W., Koji Nomura, and Jon D. Samuels. “Trade Agreements and Trans-Pacific Competition.” VOX CEPR's Policy Portal, 2015, July 08, 2015. Publisher's Version
2014
Jorgenson, Dale W. “Abe's Talk of 'Three Arrows' Misses the Mark.” Nikkei Asian Review, 2014. Publisher's Version
Jorgenson, Dale W. “"Introduction" in Measuring Economic Sustainability and Progress.” Conference on Research in Income and Wealth. Cambridge, MA: University of Chicago Press, Chicago, 2014. Publisher's Version
Jorgenson, Dale W, Steven J Landefeld, and Paul Schreyer, ed. Measuring Economic Sustainability and Progress. Chicago: University of Chicago Press, 2014. Publisher's Version
Jorgenson, Dale W, and Daniel T Slesnick. “Measuring Social Welfare in the National Accounts.” Eurona 2, no. 1 (2014): 39-58. Publisher's Version eurona.2014.p2-measuring_social_welfare_in_the_national_accounts.pdf
Jorgenson, Dale W. “"Measuring Social Welfare in the U.S. National Accounts" in Jorgenson, Landefeld, and Schreyer, Measuring Economic Sustainability and Progress.” Conference on Research in Income and Wealth. Cambridge, MA: University of Chicago Press, Chicago, 2014. Publisher's Version
Jorgenson, Dale W, Mun S Ho, and Jon D Samuels. “What Will Revive U.S. Economic Growth.” Journal of Policy Modeling 35, no. 3 (2014): 674-691. Publisher's Version

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