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Which economic sectors create the most GDP?

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techstepgenr8tion
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06 Dec 2010, 12:18 am

Curious on this because I see where we argue a lot here between supply side and Keynesianism, tax cuts to the rich vs. possibly reverse-taxation to the poor. I'm sure not all of the industries out there have the same multiplier - ie. product A, dollar per dollar purchased, creates fewer jobs than product B dollar per dollar. Product C creates, dollar per dollar purchased, better quality or higher income jobs than product D, dollar per dollar purchased. Does anyone know of an online index of that sort of thing that you find to be trustworthy in its calculations?



xenon13
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06 Dec 2010, 1:10 am

The government does, actually.



ruveyn
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06 Dec 2010, 9:15 am

xenon13 wrote:
The government does, actually.


No. It is production and sale of consumer goods.

The government has to has something to tax in order to spend the loot on its nefarious purposes.

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06 Dec 2010, 9:46 am

techstepgenr8tion wrote:
Curious on this because I see where we argue a lot here between supply side and Keynesianism, tax cuts to the rich vs. possibly reverse-taxation to the poor. I'm sure not all of the industries out there have the same multiplier - ie. product A, dollar per dollar purchased, creates fewer jobs than product B dollar per dollar. Product C creates, dollar per dollar purchased, better quality or higher income jobs than product D, dollar per dollar purchased. Does anyone know of an online index of that sort of thing that you find to be trustworthy in its calculations?

What you're looking for is basically an index of Keynesian multipliers for various possible uses of money. I don't know of a good source off the top of my head, but I'm sure you could look around Google and find it. The government probably maintains some statistics on the subject.


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