An Alternative Framework for Sectoral Contributions to GDP Level and Growth: Application to the Philippines

• 主要作者: Dumagan, Jesus C.
• 格式: text
• 出版: Animo Repository 2014
• 主題: Real GDP; relative prices; index numbers; aggregation; additivity; Growth and Development
• 在線閱讀: https://animorepository.dlsu.edu.ph/res_aki/53; https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1068&context=res_aki
• 機構: De La Salle University

This paper applies relative price weights–where relative price is the ratio of a sector’s GDP deflator to the aggregate GDP deflator–to convert sectoral real GDP to homogeneous units using the economy’s GDP as “numeraire” in an alternative framework for GDP level aggregation and growth decomposition...