Economic Growth: Measurement

Measuring economic performance of a country is – arguably – one of the most important contributions of empirical economics. Historically, the national income accounting system was designed for maximizing the government earnings by finding better ways of imposing higher taxes. In contemporary economi...

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Main Authors: Rahman, Habib, Ulubaşoğlu, Mehmet Ali
Other Authors: Wright, James D
Format: Book Chapter
Published: Elsevier 2015
Online Access:http://hdl.handle.net/20.500.11937/80695
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author Rahman, Habib
Ulubaşoğlu, Mehmet Ali
author2 Wright, James D
author_facet Wright, James D
Rahman, Habib
Ulubaşoğlu, Mehmet Ali
author_sort Rahman, Habib
building Curtin Institutional Repository
collection Online Access
description Measuring economic performance of a country is – arguably – one of the most important contributions of empirical economics. Historically, the national income accounting system was designed for maximizing the government earnings by finding better ways of imposing higher taxes. In contemporary economies, economic growth and their estimation approaches have become instrumental in devising social welfare maximizing policies in a more systemic way. This article embodies most of the fundamental measuring techniques of national accounting system in retrospect, and indicates several secondary data sources that are widely used in growth empirics.
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spelling curtin-20.500.11937-806952021-04-01T07:54:09Z Economic Growth: Measurement Rahman, Habib Ulubaşoğlu, Mehmet Ali Wright, James D Measuring economic performance of a country is – arguably – one of the most important contributions of empirical economics. Historically, the national income accounting system was designed for maximizing the government earnings by finding better ways of imposing higher taxes. In contemporary economies, economic growth and their estimation approaches have become instrumental in devising social welfare maximizing policies in a more systemic way. This article embodies most of the fundamental measuring techniques of national accounting system in retrospect, and indicates several secondary data sources that are widely used in growth empirics. 2015 Book Chapter http://hdl.handle.net/20.500.11937/80695 10.1016/B978-0-08-097086-8.71063-4 Elsevier restricted
spellingShingle Rahman, Habib
Ulubaşoğlu, Mehmet Ali
Economic Growth: Measurement
title Economic Growth: Measurement
title_full Economic Growth: Measurement
title_fullStr Economic Growth: Measurement
title_full_unstemmed Economic Growth: Measurement
title_short Economic Growth: Measurement
title_sort economic growth: measurement
url http://hdl.handle.net/20.500.11937/80695