Journal of Economic and Social Measurement - Volume 16, issue 3

Authors: Kohli, Ulrich

Article Type: Research Article

Abstract: The purpose of this paper is to identify the individual contributions of the major factors explaining U.S. nominal GNP growth in an open-economy setting: technological change, increases in the endowments of labor and capital, movements in the terms of trade, …and domestic output price changes. We follow in turns a non parametric and a parametric approach. Both have a tight theoretical foundation, being based on the GNP function approach to modeling the production sector of an open economy. Show more

DOI: 10.3233/JEM-1990-16301

Citation: Journal of Economic and Social Measurement, vol. 16, no. 3, pp. 125-136, 1990

Authors: Herbert, John H.

Article Type: Research Article

Abstract: An example of the application of a multiple comparison test to the estimation of residential demand for natural gas relationships using annual, state level data is set forth. The use of the multiple comparison procedure to specify fixed state effects …is discussed. Since multiple comparison tests are not used much in econometric analysis the chosen multiple comparison procedure is discussed within the context of alternative multiple comparison procedures. Comments on the possible application of these tests to other economic analyses are also discussed. Show more

DOI: 10.3233/JEM-1990-16302

Citation: Journal of Economic and Social Measurement, vol. 16, no. 3, pp. 137-148, 1990

Authors: Buckmaster, Dale | Saniga, Erwin

Article Type: Research Article

Abstract: Knowledge of the cross-sectional distributional forms of financial accounting ratios can be important to users of accounting information. But previous studies of the cross-sectional distributional forms of accounting ratios have been limited to examining for normality. In this paper, the …cross-sectional distributions of forty-one common financial accounting ratios are classified according to the Pearson and Johnson systems for each year of a ten-year period. Ninety-seven percent of the distributions are J-shaped, reverse J-shaped, skewed, or U-shaped. The vast majority of the distributions are bounded. Also, thirty-five of the forty-one ratios have distributions with the same general form for at least eight years of the ten-year period. Show more

DOI: 10.3233/JEM-1990-16303

Citation: Journal of Economic and Social Measurement, vol. 16, no. 3, pp. 149-166, 1990

Authors: Coomes, Paul A. | Olson, Dennis O.

Article Type: Research Article

Abstract: Although personal income data for states are available on a timely basis, a comprehensive and timely measure of economic growth for cities does not exist. This paper develops a methodology for estimating current metropolitan area earnings by weighting the BLS …metropolitan-area monthly job data by the most recently available BEA industry earnings data. The earnings-weighted job data are then used to construct an economic performance index to compare economic growth among metropolitan areas. To illustrate, we construct the index for the 75 largest U.S. metropolitan areas for the first quarter of 1990. We also examine metropolitan economic growth for the year 1989 and show how our index compares to simple job growth and personal income growth. Finally, earnings-weighted shift-share analysis is developed as a way of further examining the components of growth in a city. Show more

DOI: 10.3233/JEM-1990-16304

Citation: Journal of Economic and Social Measurement, vol. 16, no. 3, pp. 167-183, 1990