Effects of Relative Prices on Contributions to the Level and Growth of Real GDP
Existing procedures for GDP in chained or in constant prices ignore relative prices – ratios of industry GDP deflators to the economy’s GDP deflator – and, consequently, yield economically misleading results by understating (overstating) level contributions of industries with above (below) average r...
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Format: | text |
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Animo Repository
2016
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Online Access: | https://animorepository.dlsu.edu.ph/res_aki/71 https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1050&context=res_aki |
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Institution: | De La Salle University |