DETERMINANTS OF A COUNTRYâ€™S GNP TO GDP POSITION: A REVISIT
Eu Chye Tan and
Tien Ming Yip ()
Additional contact information
Eu Chye Tan: ï¿½ï¿½Department of Economics, Faculty of Economics & Administration, University of Malaya, Malaysia
Tien Ming Yip: ï¿½ï¿½Department of Applied Statistics, Faculty of Economics & Administration, University of Malaya, Malaysia
The Singapore Economic Review (SER), 2021, vol. 66, issue 05, 1141-1152
The aim of this paper is to identify the factors that could contribute to an increase in a countryâ€™s GNP relative to its GDP. This represents a sequel to [Tan, EC, CF Tang and RD Palaniandi (2019). What could cause a countryâ€™s GNP to be greater than its GDP? Singapore Economic Review, https://doi.org/10.1142/S0217590819500073.] on what could cause a countryâ€™s GNP to exceed its GDP. Annual data of a panel of 52 countries from 1992 through 2016 are mobilized for the purpose, with the sample period split into five-year average intervals. The possible determinants of the relative position include the savings-investment gap, international reserves, state of technology, demography, unemployment, export-orientation, income inequality, size of the primary commodities sector, financial repression, tax incidence and the ease of doing business. Based upon the application of the system GMM technique to winsorized data and filtered data from Cookâ€™s Distance Outlier Test, the savings-investment gap could enhance the GNPâ€“GDP percentage of a country. The percentage could be lowered by export orientation, uneven income distribution and the size of the working age population.
Keywords: GNP; GDP; determinants; GMM; panel (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wsi:serxxx:v:66:y:2021:i:05:n:s0217590821500296
Ordering information: This journal article can be ordered from
Access Statistics for this article
The Singapore Economic Review (SER) is currently edited by Euston Quah
More articles in The Singapore Economic Review (SER) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().