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This paper explores the macro-economic history of Cyprus in the inter-war period. It constructs the first detailed estimates of output at aggregate and sector levels, enabling the analysis of economic growth and the sectoral structure of the island’s economy. It evaluates its performance...
Persistent link: https://www.econbiz.de/10008529238
The paper is part of an ongoing process of estimating the GDP of Cyprus and Malta for the interwar period. The islands …
Persistent link: https://www.econbiz.de/10005616581
The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...
Persistent link: https://www.econbiz.de/10011259562
This note briefly describes the merits and limitations of the national accounts, e.g. GDP per capita is a simple …
Persistent link: https://www.econbiz.de/10008873547
in replacing GDP. Why? The article reviews what are arguably the three most successful alternatives to GDP (the Human … refinement as most of the literature does. After discussing their faults, it is shown that the wealth approach underlying GDP can … to substantiate this claim es-timates of environment-augmented GDP for 130 countries are presented and discussed. However …
Persistent link: https://www.econbiz.de/10011118550
This paper provides an introductory overview of the meaning and measurement of national accounts statistics. Attention is paid to the various uses of national accounts, the role of the international guidelines, the relationship with economic theoretic and administrative concepts and the...
Persistent link: https://www.econbiz.de/10011107974
power for both GDP growth and excess stock returns, and that the results are robust to the inclusion of information …
Persistent link: https://www.econbiz.de/10009647399
This article discusses the limits and charactristics of GDP as economic indicator and suggests that an Economic Value … that EVA® takes into consideration the invested capital cost of opportunity, while GDP is focused on quantity of production … characteristics and limits of a GDP calculated using the EVA® …
Persistent link: https://www.econbiz.de/10005034603
states was poor. In order to evaluate the performance of Cyprus, we construct Gross Domestic Product (GDP) estimates …. Estimating the GDP of Cyprus will indicate whether the island was a typical lacklustre growth performer or a non-typical success …
Persistent link: https://www.econbiz.de/10005109550
GDP figures (which in varying degrees now include non-transparent imputations for the “non-observed economy”) as well as …
Persistent link: https://www.econbiz.de/10005619751