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Economic Growth Measurement

Author

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  • Maria Văduva

    (“Constantin Brâncuşi” University of Tg-Jiu, Romania)

Abstract

Economic growth measurement is one of the significant issues of economic growth theory. Despite the fact an agreement has been reached in practice for the adoption of annual GDP indicator, things are unclear from many reasons. The insufficiency of this indicator is admitted, for the economic growth measurement and for the international comparison and it is shown that a correct calculus should take into consideration the purchase power.

Suggested Citation

  • Maria Văduva, 2008. "Economic Growth Measurement," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 8(2), pages 279-282.
    • Handle: RePEc:pet:annals:v:8:i:2:y:2008:p:279-282
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