{"title":"Tracking the Sputnik Economy","authors":"E. Barbier","doi":"10.2202/1553-3832.1833","DOIUrl":null,"url":null,"abstract":"In his 2011 State of the Union address, President Obama stressed investment in infrastructure, education and clean energy in the U.S. economy to \"win the future.\" Edward Barbier of the University of Wyoming argues that to track the progress of such an investment strategy will require replacing GDP per capita as the main economic indicator with a Net Domestic Product (NDP) measure that is \"adjusted\" for real depreciation or appreciation in the reproducible, human and natural capital stock.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"8 1","pages":""},"PeriodicalIF":0.4000,"publicationDate":"2011-01-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2202/1553-3832.1833","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economists Voice","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2202/1553-3832.1833","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 1
Abstract
In his 2011 State of the Union address, President Obama stressed investment in infrastructure, education and clean energy in the U.S. economy to "win the future." Edward Barbier of the University of Wyoming argues that to track the progress of such an investment strategy will require replacing GDP per capita as the main economic indicator with a Net Domestic Product (NDP) measure that is "adjusted" for real depreciation or appreciation in the reproducible, human and natural capital stock.
奥巴马总统在2011年的国情咨文中强调,要在美国经济中投资基础设施、教育和清洁能源,以“赢得未来”。怀俄明大学(University of Wyoming)的爱德华•巴比尔(Edward Barbier)认为,要跟踪这种投资策略的进展,就需要用国内生产总值(NDP)指标取代人均GDP作为主要经济指标,该指标根据可再生、人力和自然资本存量的实际贬值或升值进行“调整”。
期刊介绍:
This journal is a non-partisan forum for economists to present innovative policy ideas or engaging commentary on the issues of the day. Readers include professional economists, lawyers, policy analysts, policymakers, and students of economics. Articles are short, 600-2000 words, and are intended to contain deeper analysis than is found on the Op-Ed page of the Wall Street Journal or New York Times, but to be of comparable general interest. We welcome submitted Columns from any professional economist. Letters to the editor are encouraged and may comment on any Column or Letter. Letters must be less than 300 words.