Real GDP: Three Measures

R. G. D. Allen

Chapter 7 in An Introduction to National Accounts Statistics, 1980, pp 85-102 from Palgrave Macmillan

Abstract: Abstract There are three measures of GDP in real terms to match the three measures at current prices (2.5 above). They are respectively from the side of expenditure, income and output and denoted as GDP(E), GDP(I) and GDP(O). All measures are index numbers; those used for illustration here are based on 1975 and run from 1973 to 1978.

Keywords: Factor Cost; Real Term; Index Number; Current Prex; Constant Prex (search for similar items in EconPapers)
Date: 1980
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DOI: 10.1007/978-1-349-16386-1_7

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