The mismeasured price takers: an alternative approach to the Penn World Table measurements of output growth in open economies

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The mismeasured price takers: an alternative approach to the Penn World Table measurements of output growth in open economies

The Penn World Table (PWT) builds a measure of welfare that is suitable for com- parisons between countries: real GDP at current PPPs. This measure treats the trade balance component of GDP as a transfer of expenditure between countries. By means of an extension to trade of the two-sector AK model s...

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Bibliographic Details
Main Author:	Rodriguez Gaudin, J.I.
Format:	Thesis (University of Nottingham only)
Language:	English
Published:	2023
Subjects:	Growth measurement Dynamic General Equilibrium Welfare Quantity indexes Equivalent variation NIPA Fisher-Shell index Divisia index Embodied technical change
Online Access:	https://eprints.nottingham.ac.uk/76566/

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