Electronic Resource
Oxford, UK and Boston, USA
:
Blackwell Publishing Ltd.
Review of income and wealth
49 (2003), S. 0
ISSN:
1475-4991
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Economics
Notes:
In this paper, we provide a decomposition of GDP growth that is complete and exact for the translog national income function and for the Törnqvist index of real GDP. The contributions of changes in output quantities, factor prices and total factor productivity are identified. Special consideration is given to foreign trade, with imports treated as a negative output. Annual estimates for the United States are reported for the period 1948–98.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/1475-4991.00072
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