Babutsidze, Zakaria (2008): On the measurement of growth.
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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|
|Original Title:||On the measurement of growth|
|Subjects:||E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E10 - General
E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E20 - General
|Depositing User:||Zakaria Babutsidze|
|Date Deposited:||19. Jul 2008 08:46|
|Last Modified:||23. Feb 2013 08:27|
Romer, Paul (1990), "Endogenous Technical Change," Journal of Political Economy, 98 : S71-S102.