Showing 1 - 10 of 4,468
We develop a framework for analyzing national income accounting using a revealed welfare approach that is sufficiently general to cover, e.g., both the standard discounted utilitarian and maximin criteria as special cases. We show that the basic welfare properties of comprehensive national...
Persistent link: https://www.econbiz.de/10011514098
The present note raises the issue of how best to interpret the World Bank's (WB) much used "constant USD per capita income" concept and similar series. We find that the guide to its construction appearing on the WB data portal to be sketchy. The procedures essentially convert all host-country...
Persistent link: https://www.econbiz.de/10013186773
We construct the world's centers of gravity for human population, GDP and CO2 emissions by taking the best out of five … of gravity, we find a radical Western shift of GDP and CO2 emissions centers in the 19th century, in sharp contrast with … the stability of the demographic center of gravity. Both GDP and emissions trends are reversed in the first half of the 20 …
Persistent link: https://www.econbiz.de/10011987041
Economic research has considered Private Debt a determinant of GDP growth for years. By keeping this perspective, the … objective of this work is to understand how much of the GDP response to a monetary shock is due to the variation of private debt …
Persistent link: https://www.econbiz.de/10011659392
This paper examines the relationship between the logarithms of CO2 emissions and real GDP in China by applying …
Persistent link: https://www.econbiz.de/10012119768
The idea that certain economic variables are roughly constant in the long-run is an old one. Kaldor described them as stylized facts, whereas Klein and Kosobud labelled them great ratios. While such ratios are widely adopted in theoretical models in economics as conditions for balanced growth,...
Persistent link: https://www.econbiz.de/10013041372
sanctioned states and show that, on average, an additional sanction decreases contemporaneous real GDP per capita in target …
Persistent link: https://www.econbiz.de/10013284882
relative to the US helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of …
Persistent link: https://www.econbiz.de/10009781524
interconnectedness. This paper explores this relationship, focusing on the impact of economic cycles and the role of GDP as a measure of … economic success. The paper highlights the historically dominant role of GDP, tracing its origins from Simon Kuznets' report in … for change in the aftermath of the syndemic crisis, and argues for a move away from GDP-centred measurements towards …
Persistent link: https://www.econbiz.de/10014336451
Persistent link: https://www.econbiz.de/10003662975