What the GDP Indicator Does Not Reveal in Economic Analyses (in English)

Rùžena Vintrová ()
Additional contact information
Rùžena Vintrová: Centre for Economic Studies, University of Economics and Management, Prague

Czech Journal of Economics and Finance (Finance a uver), 2005, vol. 55, issue 11-12, 578-594

Abstract: In real terms, gross-domestic-product indicators do not record a country's trading gain or loss. The real growth of gross domestic income, which include terms-of-trade changes, were approximately one percentage point higher than the GDP growth rates of the Czech Republic and belonged among the fastest in central Europe. Moreover, real GDP growth does not accurately express the development of real convergence.

Keywords: gross domestic product; qualitative changes; real convergence; real gross domestic income; statistical paradoxes; terms of trade (search for similar items in EconPapers)
JEL-codes: O11 (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://journal.fsv.cuni.cz/storage/1040_s_578_594.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fau:fauart:v:55:y:2005:i:11-12:p:578-594

Access Statistics for this article

More articles in Czech Journal of Economics and Finance (Finance a uver) from Charles University Prague, Faculty of Social Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Natalie Svarcova ().