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Measuring the New Economy


  • J. Steven Landefeld
  • Barbara M. Fraumeni

    (Bureau of Economic Analysis)


This paper provides background information on the new economy and how it relates to BEA’s economic accounts. It is designed to answer the following questions: What is the new economy? Why is it important that the new economy be captured in GDP and BEA’s other economic accounts estimates? What do we know now about the size and impact of the new economy? Where does the new economy show up in the accounts? How well is the new economy recorded in the accounts? What should be BEA’s highest priority in improving the capacity of the accounts to measure the new economy?

Suggested Citation

  • J. Steven Landefeld & Barbara M. Fraumeni, 2001. "Measuring the New Economy," BEA Papers 0011, Bureau of Economic Analysis.
  • Handle: RePEc:bea:papers:0011

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    Cited by:

    1. Malpezzi, Stephen, 2001. "NIMBYs and Knowledge: Urban Regulation and the "New Economy"," Berkeley Program on Housing and Urban Policy, Working Paper Series qt7d81r1v9, Berkeley Program on Housing and Urban Policy.
    2. François Lequiller, 2000. "La nouvelle économie et la mesure de la croissance," Économie et Statistique, Programme National Persée, vol. 339(1), pages 45-71.
    3. Kliesen, Kevin L., 2014. "A guide to tracking the U.S. economy," Review, Federal Reserve Bank of St. Louis, vol. 96(1), pages 35-54.
    4. Dushnitsky, Gary & Klueter, Thomas, 2017. "Which industries are served by online marketplaces for technology?," Research Policy, Elsevier, vol. 46(3), pages 651-666.
    5. Wasilewski, Adam & Floriańczyk, Zbigniew & Wigier, Marek, 10. "Governance of Internet development in rural areas in the context of territorial competitiveness: the case of Poland," Rural Areas and Development, European Rural Development Network, vol. 10.

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    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General


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