Babutsidze, Zakaria (2008): On the measurement of growth.
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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 |
|---|---|
| Original Title: | On the measurement of growth |
| 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, Investment, Labor Markets, and Informal Economy > E20 - General |
| Item ID: | 9619 |
| Depositing User: | Zakaria Babutsidze |
| Date Deposited: | 19 Jul 2008 08:46 |
| Last Modified: | 29 Sep 2019 00:45 |
| References: | Romer, Paul (1990), "Endogenous Technical Change," Journal of Political Economy, 98 : S71-S102. |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/9619 |
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