Douglas S. Meade

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There is a common assertion that health care is over one-sixth (or about 18 percent) of the economy. This conclusion, however, is based only on a measure of health care demand. It is much more difficult to identify a corresponding ratio in the supply side data of the economy, that is, in terms of value added and employment. Our work reconciles information(More)
As part of the U.S. Bureau of Economic Analysis’ integration initiative (Yuskavage, 2000; Moyer et al., 2004a, 2004b; Lawson et al., 2006), the Industry Accounts Directorate is drawing upon the Stone method (Stone et al., 1942) and Chen (2006) to reconcile the gross operating surplus component of value-added from the 2002 expenditure-based benchmark(More)
Title of Document: ESSAYS ON THE ROLE OF SPECIFIC HUMAN CAPITAL Xiaohan Hu, Doctor of Philosophy, 2007 Directed By: Prof. Judith Hellerstein, Department of Economics Human capital theory states that workers’ knowledge and skills increase their productivity and thus raise their earnings. An important dimension of human capital theory distinguishes between(More)
With the volatility in crude oil prices of the last few years, the increasing dependence of the U.S. economy on imported crude oil has become more apparent. Carbon emissions in the U.S. have been on the rise since 1990, making the adoptions of the recommendations of the Kyoto Protocol more difficult. Furthermore, there is no long-term policy plan to guide(More)
The fundamental input-output identities that express the solution for commodity output and price also guarantee that nominal GDP is the same whether measured as the sum of final demand expenditures or as the sum of value added. In the simplified framework in which the identities are usually presented, all relationships hold exactly, and there is one(More)
Title of Dissertation: The Economics of Nuclear Power Ronald L. Horst, Doctor of Philosophy, 2006 Dissertation directed by: Professor John Rust Department of Economics We extend economic analysis of the nuclear power industry by developing and employing three tools. They are 1) compilation and uni cation of operating and accounting data sets for plants and(More)