Inter-temporal Comparisons of Real National Income

2008 ◽  
Vol 56 (2) ◽  
pp. 67-85
Author(s):  
J.B.D. Derksen
Econometrica ◽  
1963 ◽  
Vol 31 (1/2) ◽  
pp. 277
Author(s):  
Colin Clark ◽  
Abram Bergson

2019 ◽  
Author(s):  
Yulia Fitra

Eonomic growth itself is a process where there is a real increase in gross national product or real national income in a country. Economic growth is essentially aimed at improving the welfare of the people (walfare), therefore it requires increased economic growth and more equitable income distribution. However, if the growth is followed by an improvement in income distribution, it will be difficult to create prosperity for the community in general, because the income distribution is uneven or does not run smoothly, so that it will automatically disrupt the Indonesian economy, and will be in poverty.


2004 ◽  
Vol 188 ◽  
pp. 83-99 ◽  
Author(s):  
Robert Metz ◽  
Rebecca Riley ◽  
Martin Weale

We assess the performance of France, Germany and the United Kingdom over the period 1997-2002. Gross and net output per hour worked are considerably lower in the UK than in France and Germany. GDP in France and the UK have grown at the same rates over the period although real national income in the UK has grown considerably faster than in France. Seen from the supply side, French growth is substantially attributable to growth in total factor productivity while in the UK factor inputs are more important. There is, nevertheless, a concern that, at the margin, UK growth may be depreciation-intensive and therefore of poor quality. Germany's growth has been slow because productive inputs have grown only slowly and its weak performance is probably structural rather than cyclical. There does seem to be room for substantial increases in labour input in both France and Germany to be achieved through reform to labour market conditions such as tax rates on low paid workers.


1976 ◽  
Vol 36 (4) ◽  
pp. 836-851 ◽  
Author(s):  
Paul Gregory ◽  
Joel W. Sailors

Some recent critics of Russian industrial policy argue that the costs of the Witte System may have been excessive relative to its benefits and that similar rates (or perhaps higher rates) of industrial growth could have been attained if alternate fiscal and monetary policies had been adopted. Once differential rates of growth of prices and real national income are considered, it appears that the Russian money supply was not unduly constrained. The authors also demonstrate that foreign capital inflows made a substantial contribution to Russian economic development, as did the decision to adhere to the international gold standard.


1962 ◽  
Vol 72 (287) ◽  
pp. 731
Author(s):  
M. C. Kaser ◽  
A. Bergson

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