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Gross Domestic Product (GDP)
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Journal Article
History of Political Economy (2024) 56 (4): 754–759.
Published: 01 August 2024
... major academic economists (we shall return to this discussion at the end of this review). When David Clark asked his father, Colin Clark, about the difference between gross domestic product (GDP) and gross national product (GNP), Colin answered, “I invented GNP.” Colin's answer appears...
Journal Article
History of Political Economy (1989) 21 (4): 723–736.
Published: 01 November 1989
... countries of the European Community3 the ratio of general govern-
ment expenditure, which includes expenditures by local authorities, in-
creased on average by about 18 points in relation to gross domestic product
(GDP) to 50.4 percent, as opposed to an increase of 8.5 points in the
United States...
Journal Article
History of Political Economy (2020) 52 (2): 307–339.
Published: 01 April 2020
... (GDP) and its predecessor Gross National Product History of Political Economy 52:2 DOI 10.1215/00182702-8173384 Copyright 2020 by Duke University Press Correspondence may be addressed to Onur Özgöde, visiting assistant professor, Department of Sociology, Northwestern University, 1819 Chicago Ave...
Journal Article
History of Political Economy (2008) 40 (2): 383–395.
Published: 01 June 2008
... place,
it is the goods and services produced (the gross domestic product, GDP)
with factors of production—labor, capital goods, and land—that are repre-
sented on the frontier. Thus, the PPF diagram may meaningfully be used
to represent the allocation of currently produced goods and services...
Journal Article
History of Political Economy (2020) 52 (1): 47–75.
Published: 01 February 2020
... the Great Depression and World War II. During the 1930s, economists in the United States and Europe sought new ways to describe and calculate the total ¢ow of goods and services through a nation-state. National income statistics, and later the single aggregate gures of GNP and gross domestic product (GDP...
Journal Article
History of Political Economy (2021) 53 (S1): 81–110.
Published: 01 December 2021
... product (GDP) to more demanding and accurate methods. I show that this approach to inference leads to negotiated and inaccurate aggregates and to erroneous indicators of economic fluctuations. The IMF s audit and surveillance procedures have thus led to the production of national accounts that, while...
Journal Article
History of Political Economy (2022) 54 (2): 351–367.
Published: 01 April 2022
..., leading to the modern measure of gross domestic product (GDP). Colin Clark's ( 1932 , 1937 ) efforts greatly advanced the creation of national income accounts somewhat before Simon Kuznets ( 1937 , 1946 ): Alexander Millmow ( 2021 ) provides an excellent discussion of Clark's contributions. During World...
FIGURES
Journal Article
History of Political Economy (2013) 45 (suppl_1): 317–330.
Published: 01 December 2013
... self-presentation, 213
reviews, 213 Gardner, Mrs. Jack, 94
Free trade doctrine, 57 GATT. See General Agreement on
Friedman, Milton, 14, 92, 158 Tariffs and Trade (GATT)
on Age of Uncertainty (TV GDP (gross domestic product...
Journal Article
History of Political Economy (1995) 27 (Supplement): 272–284.
Published: 01 December 1995
... on interest, 269
Groenewegen’s article, 157-6 1 ; Hawtrey, Ralph G., 245, 256;
Cottrell and Lawlor on, 4 author/publication citations, 230,
Gross domestic product (GDP), 7 1 23 1,232, 247; Capital and
Grue argument, 55-56 Employment, 230,232; Good and
Guillebaud, Claude...
Journal Article
History of Political Economy (1981) 13 (3): 656–680.
Published: 01 September 1981
... and military officers.
The stagnation lasted until 1967 when the Brazilian economy en-
tered its remarkable seven-year boom with annual real growth of gross
domestic product (GDP) averaging 11 percent in the years 1968-1974.
After 1974, when the effects of the oil crisis began to make themselves...
Journal Article
History of Political Economy (1997) 29 (3): 413–443.
Published: 01 September 1997
... conclusion was that
once started, growth tends to maintain whatever the rate that existed, but
that extraneous events and policies can accelerate or depress the rate.
When gross national product (GNP) growth for the United States over
the past century and a half is plotted (figure l), one cannot...
Journal Article
History of Political Economy (2013) 45 (suppl_1): 220–253.
Published: 01 December 2013
... in the Making , edited by Camic Charles Gross Neil Lamont Michele , 379 – 404 . Chicago : University of Chicago Press . Bruce-Briggs B. , ed. 1979 . The New Class? New York : McGraw Hill . Bureau of Economic Analysis . 2000 . “ GDP: One of the Great Inventions of the 20th...
Journal Article
History of Political Economy (2001) 33 (Suppl_1): 137–161.
Published: 01 December 2001
... the right value for
the price indices is important on several dimensions. There is a scien-
tific interest in, for example, measuring the real Gross Domestic Product
(GDP) or productivity growth. If the price indices are too high, we ap-
pear less prosperous and productive than we really are. Real GDP...
Journal Article
History of Political Economy (2006) 38 (2): 339–375.
Published: 01 June 2006
... . Preliminary Estimates of Gross National Product, 1929-1941. Survey of Current Business , 22 May. Goodwin, Craufurd D. W. 1966 . Economic Enquiry in Australia . Durham, N.C.: Duke University Press. Groenewegen, Peter, and Bruce McFarlane. 1990 . History of Australian Economic Thought . London...
Journal Article
History of Political Economy (2000) 32 (2): 267–292.
Published: 01 June 2000
... be acknowledged that some French economic historians dispute this. In par-
ticular, Boyer-Xambeu, Deleplace, and Gillard (1994, 178) contend that the increase in the
precious metals was insignificant in relation to the French gross domestic product (GDP).
However, since...
Journal Article
History of Political Economy (1996) 28 (1): 1–25.
Published: 01 March 1996
...
distributive justice from general justice. Indeed, Smith virtually equates
public opulence with the happiness of the lower classes.
This arises out of his view of economic development as not merely a
quantitative increase in Gross Domestic Product (GDP)per head. It also
brings qualitative changes...
Journal Article
History of Political Economy (2004) 36 (Suppl_1): 240–270.
Published: 01 December 2004
... the expenditure approach,
that is, by modeling key components of gross domestic product
(GDP) such as consumption and investment.
The preceding list can be partitioned into two groups. Only the first
item relates to the interaction between nominal and real variables. It is
already widely...
Journal Article
History of Political Economy (2020) 52 (3): 561–587.
Published: 01 June 2020
... on average) a difference of nearly 20 percent (World Bank 2019). These numbers, Neri reasoned, painted two very different portrayals of the country. He was referring to discrepancies in how reality was measured and accounted for: between the Gross Domestic Product (GDP), the most widely accepted index...
Journal Article
History of Political Economy (2023) 55 (2): 279–316.
Published: 01 April 2023
... 1 , which expresses gross national product ( Y 1 ) as the sum of consumption ( C ), gross private domestic investment ( I 1 ), and government purchases of goods and services ( G 1 ): (8) C = a 0 + a 1 E 2 + a 2 r 3 + a 3 M 2 , which...
FIGURES
Journal Article
History of Political Economy (2020) 52 (3): 455–472.
Published: 01 June 2020
... was left with a little less than 1,900 crores rupees4 from which to pay national taxes central, provincial, and local as well as any domestic production costs (237 38). Shah included in this latter category raw mate- rials, and transport, and also a diet adequate to feed a laboring individual. In his work...
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