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Economic growth and household production in France (1985-2010)
[Croissance économique et production domestique en France (1985-2010)]

Author

Listed:
  • Hippolyte d'Albis

    (PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Julien Navaux

    (HEC Montréal - HEC Montréal)

  • Jacques Pelletan

    (UP8 - Université Paris 8 Vincennes-Saint-Denis)

  • Francois Charles Wolff

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes, INED - Institut national d'études démographiques)

Abstract

This paper suggests a reassessment of economic growth in France for the period 1985-2010by incorporating household production to the indicators of GDP and labour income. The results show that GDP growth is overestimated by 0.35 points of percentage. When decomposing the period in two subsets, economic growth is significantly overestimated from 1985 to 2000, while it is underestimated from 2000 to 2010.Finally, while a significant economic downturn is observed after 2000 with GDP the new indicator that merge household production and GDP does not evidence such a decline of wealth production (from 1.6% before 2000 to 1.5% after 2000).

Suggested Citation

  • Hippolyte d'Albis & Julien Navaux & Jacques Pelletan & Francois Charles Wolff, 2019. "Economic growth and household production in France (1985-2010) [Croissance économique et production domestique en France (1985-2010)]," PSE Working Papers halshs-02355123, HAL.
    • Handle: RePEc:hal:psewpa:halshs-02355123
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02355123v1
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    References listed on IDEAS

    as
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