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Synopsis
The U.S. economy is highly dynamic: businesses open and close, workers switch jobs and start new enterprises, and innovative technologies redefine the workplace and enhance productivity. With globalization markets have also become more interconnected. Measuring business activity in this rapidly evolving environment increasingly requires tracking complex interactions among firms, establishments, employers, and employees. Understanding Business Dynamics presents strategies for improving the accuracy, timeliness, coverage, and integration of data that are used in constructing aggregate economic statistics, as well as in microlevel analyses of topics ranging from job creation and destruction and firm entry and exit to innovation and productivity. This book offers recommendations that could be enacted by federal statistical agencies to modernize the measurement of business dynamics, particularly the production of information on small and young firms that can have a disproportionately large impact in rapidly expanding economic sectors. It also outlines the need for effective coordination of existing survey and administrative data sources, which is essential to improving the depth and coverage of business data.
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About the Author
Panel on Measuring Business Formation, Dynamics, and Performance, John Haltiwanger, Lisa M. Lynch, and Christopher Mackie, Editors, National Research Council
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- PublisherNational Academies Press
- Publication date2007
- ISBN 10 0309104920
- ISBN 13 9780309104920
- BindingPaperback
- LanguageEnglish
- Number of pages200
- EditorMackie Christopher, Lynch Lisa M., Haltiwanger John
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Understanding Business Dynamics: An Integrated Data System for America's Future
Published by
National Academies Press, 2007
ISBN 10: 0309104920
ISBN 13: 9780309104920
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Understanding Business Dynamics: An Integrated Data System for America's Future
Published by
National Academies Press, 2007
ISBN 10: 0309104920
ISBN 13: 9780309104920
Used
Paperback
Seller: ThriftBooks-Dallas, Dallas, TX, U.S.A.
Seller rating 5 out of 5 stars
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Understanding Business Dynamics: An Integrated Data System for America's Future
Published by
National Academies Press, 2007
ISBN 10: 0309104920
ISBN 13: 9780309104920
Used
paperback
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Understanding Business Dynamics: An Integrated Data System for America's Future [Paperback] National Research Council
Published by
National Academies Press, 2007
ISBN 10: 0309104920
ISBN 13: 9780309104920
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