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The Decomposition of a GDP Increase

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  • John Hartwick

Abstract

We account for the price and quantity components of a decomposition of the expression for a GDP increase accross periods. Our linear measure is compared with Irving FisherÂ’s multiplicative measure. Where technical progress enters is noted.

Suggested Citation

  • John Hartwick, 2020. "The Decomposition of a GDP Increase," Working Paper 1435, Economics Department, Queen's University.
  • Handle: RePEc:qed:wpaper:1435
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    File URL: https://www.econ.queensu.ca/sites/econ.queensu.ca/files/wpaper/qed_wp_1435.pdf
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    References listed on IDEAS

    as
    1. Balk,Bert M., 2012. "Price and Quantity Index Numbers," Cambridge Books, Cambridge University Press, number 9781107404960, January.
    2. W. Erwin Diewert, 2005. "Index Number Theory Using Differences Rather Than Ratios," American Journal of Economics and Sociology, Wiley Blackwell, vol. 64(1), pages 311-360, January.
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