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A Relational Database for the US Economy

In: Economics in the Long View

Author

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  • D. Kendrick

Abstract

A shift is occurring in the paradigm for macro-economics in the United States — a shift from the demand side to the supply side. This shift is causing a change in focus from problems in aggregative economics to problems in certain sectors such as energy and autos and in certain states such as Michigan and Ohio. The signs of the shift are widespread. Econometric models are being respecified to include price and output equations for many different sectors. Detailed economic models with activity-analysis structures are being developed for individual sectors. Renewed concern is being voiced about unemployment in regions which are heavily affected by certain industries.

Suggested Citation

  • D. Kendrick, 1982. "A Relational Database for the US Economy," Palgrave Macmillan Books, in: Charles P. Kindleberger & Guido Tella (ed.), Economics in the Long View, chapter 3, pages 63-82, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-06293-5_3
    DOI: 10.1007/978-1-349-06293-5_3
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