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China's gross domestic product in U.S. dollars is higher than earlier estimates would indicate, if calculated on the basis of purchasing power parity with the United States.China's gross domestic product per capita was only US$300 to $370 in 1980 - 91 in an estimate based on the World Bank Atlas...
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Gross domestic product (GDP) is shown to possess three new desiderata. First, GDP is almost perfectly correlated over time with the first principal component of its three classical indicators. Second, this principal component is in a class of weighted indexes ancillary to GDP. Each ancillary...
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The article presents an alternative method to growth accounting. It makes it possible to express the effect of change in the quantity of inputs as well as the effect of the productivity of inputs (i.e. technological changes) on the change of GDP for all possible typologies of input/output...
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