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A Pertinent Analytic Method to Correctly Measure Contributions to Growth in Gross Domestic Product

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  • Antoine Brunet

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    (University of Nice Sophia Antipolis, CEMAFI, France)

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    Abstract

    In this paper, Antoine Brunet questions the OECD method in calculating contributions to GDP growth. He tries to show this method induces the users to seriously misjudge the contribution of external trade balance to GDP growth. He shows there is an alternative method, i.e. the AB method which is mathematically as correct as the OECD one. And this method is much more pertinent and allows the users to distinguish between two kinds of countries: on the one hand, the mercantilist countries and on the other hand, the non-mercantilist countries.

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    File URL: http://www.panoeconomicus.rs/casopis/2009_3/6.pdf
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    Bibliographic Info

    Article provided by Savez ekonomista Vojvodine, Novi Sad, Serbia in its journal Panoeconomicus.

    Volume (Year): 56 (2009)
    Issue (Month): 3 (September)
    Pages: 397-408

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    Handle: RePEc:voj:journl:v:56:y:2009:i:3:p:397-408

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    Web page: http://www.panoeconomicus.rs/

    Related research

    Keywords: Growth contribution; External trade balance; Borrowing; Growth strategy; Mercantilism.;

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    Cited by:
    1. Hasan Vergil & M. Erdem Ozgur, 2013. "American Growth and Napoleonic Wars," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(5), pages 649-666, September.
    2. Massimo Cingolani, 2013. "Finance Capitalism: A Look at the European Financial Accounts," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(3), pages 249-290, May.

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