Towards a New Theory of Value? Georg Erber German Institute for Economic Research (DIW Berlin) - Competition and Consumers November 2012
Abstract: There is globally a debate going on about issues of economic development and how to measure it. The system of national accounts with the gross domestic product (GDP) as its core indicator has become criticized because of measuring the wellbeing of peoples in different countries improperly. The central conjecture is: If the GDP is an insufficient indicator for economic development than ranking the success of development by using the GDP growth rates is misleading. full: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2226945 _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
