Consistency in Aggregation of GDP Indexes and Uniqueness of Quantity and Price Effects on Growth of GDP and Aggregate Labor Productivity
In traditional decomposition of GDP growth in constant prices, an industry’s contribution consisted only of a quantity effect from GDP growth. Tang and Wang’s (2004, 2014) innovation added a price effect from relative price change. Dumagan (2013a, 2016) showed that Tang and Wang’s quantity and price...
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Format: | text |
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Animo Repository
2017
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Online Access: | https://animorepository.dlsu.edu.ph/res_aki/72 https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1049&context=res_aki |
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Institution: | De La Salle University |