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This paper reviews the current problems of national accounting in Sub-Saharan Africa. With the current uneven application of methods and availability of data, any ranking of countries according to gross domestic product levels is misleading. It is increasingly acknowledged that the problems...
Persistent link: https://www.econbiz.de/10010406846
predicting unobserved true income). In particular, we find that the PWT 7.1 chain-based GDP series substantially outperforms the … of their price survey. We conclude that GDP series based on unadjusted domestic growth rates alone predict growth rates …
Persistent link: https://www.econbiz.de/10011484020
In this paper we investigate whether long run time series of income per capita are better described by a trend-stationary model with few structural changes or by unit root processes in which permanent stochastic shocks are responsible for the observed growth discontinuities. To this purpose, we...
Persistent link: https://www.econbiz.de/10012098522
The main objective of this study is to investigate the effect of interest rate, inflation rate, and GDP on real … the integration order of the variables. Acointegration analysis with four variables (economic growth, interest rate, GDP … rate. Finally regression used to test GDP, interest rate, and inflation rate together; results have shown that current GDP …
Persistent link: https://www.econbiz.de/10009755676
.S. quarterly data on GDP and GDI, obtaining an improved aggregate output measure. …
Persistent link: https://www.econbiz.de/10012498150
This article discusses the aggregation problem and its implications for ecological economics. The aggregation problem consists of a simple dilemma: when adding heterogeneous phenomena together, the observer must choose the unit of analysis. The dilemma is that this choice affects the resulting...
Persistent link: https://www.econbiz.de/10012053632
Gross domestic product (GDP) is the most widely used indicator from the system of national accounts. Although often …
Persistent link: https://www.econbiz.de/10012133155
increasingly more difficult after the real GDP doubling target was announced in 2012 and the official real GDP statistics lost …
Persistent link: https://www.econbiz.de/10012424978
When considering issues of measuring welfare beyond gross domestic product (GDP), a key ongoing, but unfinished, agenda … approximation of the value added by key public services, and thus their contribution to GDP. New data and intelligent use of …
Persistent link: https://www.econbiz.de/10012171765
international debate on "GDP and beyond". In contrast to similar efforts displayed in previous decades, the current projects …
Persistent link: https://www.econbiz.de/10011419175