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

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Author Info
Antoine Brunet () (University of Nice – Sophia Antipolis, CEMAFI, France)
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/issue.php?id=31
File Format: application/pdf
File Function: Polemics, 2009
Download Restriction: no

Publisher Info
Paper provided by Faculty of economics, Department of Economics in its series Working Papers with number 200936.

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Length: 11 pages
Date of creation: Jul 2009
Date of revision: Jul 2009
Publication status: Published in Panoeconomicus, September 2009, pages 397-408
Handle: RePEc:voj:wpaper:200936

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

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

Find related papers by JEL classification:
E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth
E29 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Other
F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
F53 - International Economics - - International Relations and International Political Economy - - - International Agreements and Observance; International Organizations

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This page was last updated on 2009-11-22.

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