Actually the BEA consults heavily with outside economists on how they do what they do. Their research is pretty open and their internal
environment very encouraging that way. I don't follow the price index work so I couldn't tell you where to find it. > ----- Original Message ----- > From: Laurent GUERBY > Sent: 06/20/08 01:58 pm > To: Progressive Economics > Subject: Re: [Pen-l] The solution for GDP growth and the end of hunger > > On Fri, 2008-06-20 at 07:15 -0400, Max B. Sawicky wrote: > > I didn't see anything there about altering nominal GDP numbers to get > > some different nominal GDP. > > > > The quality adjustments go into the deflators and price indices. > > It can be read that way indeed, I still wonder why USA is singled out > since all countries report real GDP with quality adjustment AFAIK. > > Anyway, the real issue there is total opacity, no detailed price data, > no detailed quality adjustment. I wonder what is used to justify to > compare real GDP growth between countries given all those governments > economists operating in secret without any citizen oversight. Are those > economists member of a telepathic society so they all choose the same > quality adjustment for the same products? > > Laurent > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l >
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