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Choice experiments show that individuals attribute significant value to digitally-enabled services such as social media. We integrate this consumer value into an accounting framework by treating it as the value of own-account production by households of a particular type of leisure services....
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-Sen-Fitoussi Commission, in its Report on the Measurement of Economic Performance and Social Progress, put forward a number of recommendations …
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paper, we use this framework to provide a detailed critique of existing GDP and price measurement procedures and summarize …
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