Understanding Business Dynamics: An Integrated Data System for America's Future
Panel on Measuring Business Formation, Dynamics, and Performance, Committee on National Statistics, Division of Behavioral and Social Sciences and Education, National Research Council
National Academies Press, Apr 20, 2007 - Social Science - 177 pages
The U.S. economy is highly dynamic: businesses open and close, workers switch jobs and start new enterprises, and innovative technologies redefine the workplace and enhance productivity. With globalization markets have also become more interconnected. Measuring business activity in this rapidly evolving environment increasingly requires tracking complex interactions among firms, establishments, employers, and employees. Understanding Business Dynamics presents strategies for improving the accuracy, timeliness, coverage, and integration of data that are used in constructing aggregate economic statistics, as well as in microlevel analyses of topics ranging from job creation and destruction and firm entry and exit to innovation and productivity. This book offers recommendations that could be enacted by federal statistical agencies to modernize the measurement of business dynamics, particularly the production of information on small and young firms that can have a disproportionately large impact in rapidly expanding economic sectors. It also outlines the need for effective coordination of existing survey and administrative data sources, which is essential to improving the depth and coverage of business data.
What people are saying - Write a review
We haven't found any reviews in the usual places.
What Is a Business?
The Ideal Business Data System
6 other sections not shown
Other editions - View all
administrative data administrative records aggregate annual Bureau and BLS business activity business data system business dynamics business lists business register business start-ups business surveys business units Census Bureau CIPSEA codes confidentiality coverage data collection data sets data sharing data sources detailed disaggregated Dun & Bradstreet economic activity economic census employer Employer Identification entrepreneurial activities entrepreneurship entry and exit firms Haltiwanger household Hurricane Katrina identify improve income individuals industry integration Internal Revenue Service job creation Kauffman Labor LEHD Limitations or lag linked Longitudinal Business ment microdata multiestablishment multiunit NAICS National Research Council ness nomic output ownership panel payroll productivity Purpose/uses QCEW quarterly recommendations require respondent burden revenue sampling frame sector small businesses sole proprietorships statistical agencies Statistics Denmark tion tracking U.S. business U.S. Census U.S. Census Bureau University workers XBRL young and small young businesses