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Is GDP Becoming Obsolete? The “Beyond GDP” Debate
Working paper (Federal Reserve Bank of Philadelphia), 2022Charles Hulten, Leonard Nakamura
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Simpson’s paradox in GDP and per capita GDP growths
Empirical Economics, 2015Simpson’s paradox occurs frequently in economic data analysis, wherein aggregation is a common practice. Yet, this paradox is not well known among researchers in economy. In this article, we present several real-world examples of Simpson’s paradox in economic statistics, including gross domestic product (GDP) growth and per capita GDP growth ...
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2016
GDP is first and foremost a measure of economic activity and production, and distinct from a measure of welfare, even when narrowly defined as material well-being. Despite this difference, GDP and welfare are not unrelated concepts. Links include the scope of final products that enter GDP and the welfare basis of price indices that are used to compute ...
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GDP is first and foremost a measure of economic activity and production, and distinct from a measure of welfare, even when narrowly defined as material well-being. Despite this difference, GDP and welfare are not unrelated concepts. Links include the scope of final products that enter GDP and the welfare basis of price indices that are used to compute ...
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Formation of GDP-L-galactose from GDP-D-mannose
Biochemical and Biophysical Research Communications, 1967Esther M. Goudsmit, Elizabeth F. Neufeld
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