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On the measurement of growth

Babutsidze, Zakaria (2008): On the measurement of growth. Unpublished.

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Abstract

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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