Comparison of Development Levels: Inequalities in the Physical Structures of National Economies
Eva Ehrlich
Chapter 34 in Disparities in Economic Development since the Industrial Revolution, 1981, pp 395-410 from Palgrave Macmillan
Abstract:
Abstract Highly complex economic categories, as e.g. the economic development level of a country at a given date, can be less and less determined true to reality with the aid of a single indicator as e.g. GNP or GDP or national income, though, undoubtedly, this is most palpable. Still, practically every international comparison makes efforts to express economic development finally compressed into a single indicator, and that into a comprehensive synthetic indicator which, for lack of a better one, is considered as suited for an imperfect and simplified quantification of the development level and which is widely used by economic historians, economists and politicians as well.
Keywords: Relative Dispersion; Physical Structure; Development Level; International Average; Stock Level (search for similar items in EconPapers)
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-04707-9_34
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DOI: 10.1007/978-1-349-04707-9_34
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