Director: Prof. Dale W. Jorgenson
We are part of the Center for Business and Government, our research at the Program is best described by the titles of recent papers given below. Our work include productivity measurements; the role of human and physical capital in U.S. economic growth; the effects of tax and environmental policies on welfare; and economic relations between the U.S. and Japan.
One major product of the Program is the measurement of productivity change in the U.S. The data for this work, covering 35 industries, may be found at Jorgenson's page.
IGEM The Intertemporal General Equilibrium Model is our economic model of the U.S. Click that link to find data and papers based on it. The model contributed to a part of the U.S. EPA's report "The Benefits and Costs of the Clean Air Act, 1970 to 1990 (Appendix A. Cost and Macroeconomic Modeling)" EPA Reports
We work with the University Center for the Environment in the China Project, modeling Chinese economic growth, energy use and its environmental impact.
We collaborated with the Alliance to Save Energy in producing the report "Pricing it Right: Energy Pricing and Fundamental Tax Reform."
We worked with the PEW Center in producing the report "The Role of Substitution in Understanding the Costs of Climate Change Policy."
A conference sponsored by this Program, "International Conference on the Cost of Capital" (held in KSG Nov 1987) resulted in the book "Tax Reform and the Cost of Capital: An International Comparison" (ed. Jorgenson and Ralph Landau) Brookings 1993.