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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Bibliographic Details
Main Author: Dumagan, Jesus C.
Format: text
Published: Animo Repository 2016
Subjects:
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