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Is GDP an Appropriate Indicator of Economic Performance and Social Progress in the Context of Globalization?

Nečadová, Marta - In: Acta Oeconomica Pragensia 2012 (2012) 5, pp. 3-23

The article deals with the ability of the GDP indicator to interpret and capture economic performance, social progress … and sustainable economic growth. Given the fact that the construction of indicators such as GDP does not monitor the … this into account (GDP is primarily an aggregate of production) and look for indicators that would allow a more complex …

Persistent link: https://www.econbiz.de/10011195102

Neither dashboard nor 'mashup' indices: an empirical wealth approach as a pathway to a comprehensive measure of development

Felice, Emanuele - Unitat d'Història Econòmica, Universitat Autònoma de … - 2012

GDP which were proposed in the last decades – the Human Development Index (HDI), the Genuine Progress Indicator (GPI), and …

Persistent link: https://www.econbiz.de/10009646343

The Misty Grail: The Search for a Comprehensive Measure of Development and the Reasons of GDP Primacy

Felice, Emanuele - Volkswirtschaftliche Fakultät, … - 2015

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

Human capital and economic growth: Sweden 1870–2000.

Ljungberg, Jonas; Nilsson, Anders - In: Cliometrica, Journal of Historical Economics and … 3 (2009) 1, pp. 71-95

This paper presents newly constructed series on human capital in Sweden 1870–2000. The estimates are based on enrolment in different forms of education, stretching as far back as 1812, and the size and age distribution of the population within age range 15–65 years. The secular accumulation...

Persistent link: https://www.econbiz.de/10005111513

Patterns of total factor productivity growth in Mexico: 1991-2011

Colunga Ramos, Luis Fernando; Torre Cepeda, Leonardo E. - 2015

We review some patterns of Total Factor Productivity (TFP) growth in the Mexican economy during the period 1991-2011 using the KLEMS data set published by INEGI in 2013. The data shows a strong positive correlation between TFP and output growth. As a result, tests were performed in order to...

Persistent link: https://www.econbiz.de/10011445097

Patterns of total factor productivity growth in Mexico : 1991-2011

Ramos, Luis Fernando Colunga; Torre Cepeda, Leonardo Egidio - 2015

Persistent link: https://www.econbiz.de/10011399188

China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow

Holz, Carsten A. - EconWPA - 2005

China over the next two decades. Extrapolating past real GDP growth rates into the future, the size of the Chinese economy … development and trade theories (structural change, catching up, and factor price equalization). Second, decomposing China’s GDP … of Chinese laborers through 2015 and possibly several years after allows inferences about future GDP growth. Short of …

Persistent link: https://www.econbiz.de/10005062447

What determines the long run growth rate in Kenya?

Kumar, Saten; Pacheco, Gail - In: Journal of Policy Modeling 34 (2012) 5, pp. 705-718

This paper examines the determinants of total factor productivity (TFP) in Kenya. We utilized the theoretical insights from the Solow (1956) growth model and its extension by Mankiw, Romer and Weil (1992) and followed Senhadji's (2000) growth accounting procedure. We find that growth in Kenya,...

Persistent link: https://www.econbiz.de/10010594853

China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow

Holz, Carsten A - EconWPA - 2005

China over the next two decades. Extrapolating past real GDP growth rates into the future, the size of the Chinese economy … development and trade theories (structural change, catching up, and factor price equalization). Second, decomposing China’s GDP … of Chinese laborers through 2015, if not several years after, allows inferences about future GDP growth. Short of some …

Persistent link: https://www.econbiz.de/10005556063

Crisis and economic growth in the EU

Halmai, P.; Vásáry, V. - In: Acta Oeconomica 61 (2011) December, pp. 465-485

The study analyses the impacts of the financial and economic crisis on potential growth in the European Union. It identifies the main channels of impact mechanism and carries out quantitative estimations in order to reveal the medium and long-term trends. According to over findings the impacts...

Persistent link: https://www.econbiz.de/10010900444