Beyond the market : designing nonmarket accounts for the United States

The national income and product accounts that underlie gross domestic product (GDP), together with other key economic dataa price and employment statisticsa are widely used as indicators of how well the nation is doing. GDP, however, is focused on the production of goods and services sold markets and reveals relatively little about important production the home and other areas outside of markets. A set of satellite accountsa in areas such as health, education, volunteer and home production, and environmental improvement or pollutiona would contribute to a better understanding of major issues related to economic growth and societal well-being. Beyond the Market: Designing Nonmarket Accounts for the United States hopes to encourage social scientists to make further efforts and contributions the analysis of nonmarket activities and corresponding data collection and accounting systems. The book illustrates new data sources and new ideas that have improved the prospects for progress.