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On the measurement of growth

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Author Info
Babutsidze, Zakaria
Abstract

The current short note suggests an alternative measure for economic growth, which is based on consumer welfare instead of per capita income. It suggests that this measure can be better applied to economies with certain characteristics.

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File URL: http://mpra.ub.uni-muenchen.de/9619/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 9619.

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Date of creation: 18 Jul 2008
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Handle: RePEc:pra:mprapa:9619

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Related research
Keywords: economic growth;

Find related papers by JEL classification:
E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
E20 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)

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