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Proposed alternatives to GDP as a measure of social welfare or human progress are briefly evaluated. Four main categories are considered, namely ISEW and GPI based on corrections of GDP, sustainable or green(ed) GDP, genuine savings/investments and composite indexes. All these alternatives turn...
Persistent link: https://www.econbiz.de/10010430649
activity. The relationship is identified by accounting for varying degrees of measurement errors in nighttime light data across …
Persistent link: https://www.econbiz.de/10014082217
The paper addresses the topic of an overall long-term productivity slowdown in labor productivity for a panel of 25 developed countries. Besides studying individual long-term trends of single countries using filtering techniques we also test for multiple structural breakpoints in the long-term...
Persistent link: https://www.econbiz.de/10011532779
The object of the study is the reserves of economic growth in the country on the example of Ukraine. One of the problems of such studies is the calculation of potential GDP, which is not observed, but is calculated on the basis of various methods. Also problematic is the choice of method/methods...
Persistent link: https://www.econbiz.de/10013308264
; income measurement …
Persistent link: https://www.econbiz.de/10003897820
A number of studies, mostly on the US economy, have shown that real GDP growth could be underestimated due to the imperfect accounting of quality changes of goods and services. Moreover, GDP growth as the indicator reflecting the aggregate growth of the output of the economy does not enable one...
Persistent link: https://www.econbiz.de/10012920344
Der traditionelle Indikator für die Messung des wirtschaftlichen Wohlstands eines Landes ist das Bruttoinlandsprodukt …
Persistent link: https://www.econbiz.de/10012121401
We analyze a model for N different measurements of a persistent latent time series when measurement errors are mean …
Persistent link: https://www.econbiz.de/10012498150
Persistent link: https://www.econbiz.de/10012623810
into GDP creation activities. The economic rationale for counting all activities as productive is that GDP is a measurement …
Persistent link: https://www.econbiz.de/10014237722