Babutsidze, Zakaria (2008): On the measurement of growth. Unpublished.
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The current short note suggests an alternative measure for economic growth, which is based on consumer welfare instead of per capita income. It suggests that this measure can be better applied to economies with certain characteristics.
| Item Type: | MPRA Paper |
|---|---|
| Language: | English |
| Keywords: | economic growth |
| Subjects: | E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E10 - General E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Employment, and Investment > E20 - General |
| ID Code: | 9619 |
| Deposited By: | Zakaria Babutsidze |
| Deposited On: | 19. Jul 2008 10:46 |
| Last Modified: | 19. Jul 2008 10:46 |
| References: | Romer, Paul (1990), "Endogenous Technical Change," Journal of Political Economy, 98 : S71-S102. |
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