NIA and constant price sectoral GDP
By: Fforde, Adam
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Material type: 
BookPublisher: Economic & Political Weekly Description: 59(33), Aug 17, 2024: p.21-25.
In:
Economic & Political WeeklySummary: Constant price sectoral gross domestic product does not measure what it is widely thought to measure, and so should be avoided. The article reviews what GDP is, as a statistic—value added, which is not “output”—and show that, it is unclear what is meant by constant price sectoral GDP, and that it is calculable in two ways which usually give different answers. – Reproduced
https://www.epw.in/journal/2024/33/commentary/nia-and-constant-price-sectoral-gdp.html
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
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Indian Institute of Public Administration | 59(33), Aug 17, 2024: p.21-25 | Available | AR132948 |
Constant price sectoral gross domestic product does not measure what it is widely thought to measure, and so should be avoided. The article reviews what GDP is, as a statistic—value added, which is not “output”—and show that, it is unclear what is meant by constant price sectoral GDP, and that it is calculable in two ways which usually give different answers. – Reproduced
https://www.epw.in/journal/2024/33/commentary/nia-and-constant-price-sectoral-gdp.html
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