How Long to Read Trends in American Economic Growth

How Long Does it Take to Read Trends in American Economic Growth?

It takes the average reader 2 hours and 53 minutes to read Trends in American Economic Growth by Edward Denison

Assuming a reading speed of 250 words per minute. Learn more

Description

The growth rate of national income has fluctuated widely in the United States since 1929. In this volume, Edward F. Denison uses the growth accounting methodology he pioneered and refined in earlier studies to track changes in the trend of output and its determinants. At every step he systematically distinguishes changes in the economy’s ability to produce—as measured by his series on potential national income—from changes in the ratio of actual output to potential output. Using data for earlier years as a backdrop, Denison focuses on the dramatic decline in the growth of potential national income that started in 1974 and was further accentuated beginning in 1980, and on the pronounced decline from business cycle to business cycle in the average ratio of actual to potential output, a slide under way since 1969. The decline in growth rates has been especially pronounced in national income per person employed and other productivity measures as growth of total output has slowed despite a sharp acceleration in growth of employment and total hours at work. Denison organizes his discussion around eight table that divide 1929-82 into three long periods (the last, 1973-82) and seven shorter periods (the most recent, 1973-79 and 1979-82). These tables provide estimates of the sources of growth for eight output measures in each period. Denison stresses that the 1973-82 period of slow growth in unfinished. He observes no improvement in the productivity trend, only a weak cyclical recovery from a 1982 low. Sources-of-growth tables isolate the contributions made to growth between “input” and “output per unit of input.” Even so, it is not possible to quantify separately the contribution of all determinants, and Denison evaluates qualitatively the effects of other developments on the productivity slowdown.

How long is Trends in American Economic Growth?

Trends in American Economic Growth by Edward Denison is 172 pages long, and a total of 43,344 words.

This makes it 58% the length of the average book. It also has 53% more words than the average book.

How Long Does it Take to Read Trends in American Economic Growth Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours and 56 minutes to read Trends in American Economic Growth aloud.

What Reading Level is Trends in American Economic Growth?

Trends in American Economic Growth is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Trends in American Economic Growth?

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