Comparing the traditional to a general level aggregation and growth decomposition of GDP in constant prices: Application to the Philippines

• Main Author: Dumagan, Jesus C.
• Format: text
• Published: Animo Repository 2022
• Subjects: Real prices; GDP level aggregation; GDP growth decomposition; index numbers
• Online Access: https://animorepository.dlsu.edu.ph/res_aki/2; https://animorepository.dlsu.edu.ph/context/res_aki/article/1003/viewcontent/dlsu_aki_working_paper_series_2022_06_083.pdf
• Institution: De La Salle University

The traditional (TRAD) level aggregation and growth decomposition of GDP in constant prices—presently implemented by the Philippine Statistics Authority (PSA)—do not have real prices. However, a generalized exactly additive decomposition (GEAD) framework illustrated in this paper uses real prices—ra...