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The problem of income disparities in developing countries is constantly gaining in importance. Clearly a pure growth strategy alone cannot be effective and disparities are steadily increasing. What is needed for an effective policy first of all are adequate statistics and indicators.
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This paper makes use of both output and income statistics derived from the System of National Accounts to examine performance in the three North American countries. In doing so, the paper follows recommendations contained in the System of National Accounts 1993 (SNA 1993) for calculating...
Persistent link: https://www.econbiz.de/10013121017
Using representative and consistent microdata from the German Socio-Economic Panel Study (SOEP) from 1985-2007, we illustrate that capital income (CI = return on financial investments) and imputed rent (IR = return on investments in owner-occupied housing) have become increasingly important...
Persistent link: https://www.econbiz.de/10013153168
The present note raises the issue of how best to interpret the World Bank's (WB) much used "constant USD per capita income" concept and similar series. We find that the guide to its construction appearing on the WB data portal to be sketchy. The procedures essentially convert all host-country...
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In theory, and under some quite strong assumptions, there exists an important rigorous quantitative relationship among the following four fundamental economic concepts: (1) "wealth"; (2) "income"; (3) "sustainability"; (4) "accounting". These four basic concepts are placed in quotation marks...
Persistent link: https://www.econbiz.de/10012456614
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In theory, and under some quite strong assumptions, there exists an important rigorous quantitative relationship among the following four fundamental economic concepts: (1) "wealth"; (2) "income"; (3) "sustainability"; (4) "accounting". These four basic concepts are placed in quotation marks...
Persistent link: https://www.econbiz.de/10012997359
From a conceptual point of view, for most purposes net figures on Domestic Product and National Income are to be preferred to gross figures. Nevertheless, in practice gross figures are most often used on the grounds of various arguments. In this paper, these arguments are challenged. Attention...
Persistent link: https://www.econbiz.de/10014222433