GDP is a closely watched indicator of the current health of the economy and an important tool of economic policy. It has been called one of the great inventions of the 20th Century. It is not, however, a persuasive indicator of individual wellbeing or economic progress. There have been calls to...

Results of numerous cross-country growth regressions have been found to be sensitive to specification, time period or sample coverage. Several authors have observed that results may depend on the source and data collection methods for right-hand side variables. In this paper, we suggest that a...

This study introduced a new approach for monitoring regional development by applying satellite data with machine learning algorithms. Satellite data that represent physical features and environmental factors were obtained by developing a web-based application on the Google Earth Engine platform....

This work calculates coefficients of spatial inequalities of wealth amongst Brazilian municipalities, for each year for the period from 1920 to 2016, states of the federation, from 1939 to 2017, and amongst municipalities from each of the five Brazilians' macro-regions, from 1920 to 2016. The...

Proposals for incorporating information on the quality of human, social, and environmental conditions in more authentic and comprehensive versions of the Gross National Product (GNP) or Gross Domestic Product (GDP) date back to the foundations of econometrics. Typically treated as external to...

To analyse the consequences of the changing economic structure of the UK, we need aset of statistics broken down by industry that are consistent with the whole economymeasures available from the national accounts. The theory of growth accounting thenprovides a framework in which the contribution...

Without national accounts statistics, citizens, politicians, entrepreneurs and economists would be blind for the size, composition and development in national economies. This book provides an unique overview of the merits and limitations of the national accounts. Attention is paid to the three...

The purpose of this paper is to provide a thorough discussion of the definitional and data issues associated with the measurement of aggregate labour productivity growth in Canada and the United States. The paper examines all data sources for output, employment and hours estimates in the two...

The objective of this paper is to document the evolution of the Canada-U.S. labour productivity gap and to offer an explanation of why Americans have been and continue to be, on average, more productive than Canadians. This focus on relative productivity levels is in contrast to the typical...