Questions tagged [gdp]

Gross Domestic Product (GDP) is a flow measure of the value of finished goods and services produced within a country's borders in a specific time period. GDP is typically calculated on an annual basis.

Filter by
Sorted by
Tagged with
-2
votes
3answers
47 views

How did the US gain such a large increase in GDP compared to other industrial nations within the last decade?

For example, while Germany’s GDP increased by about thirteen percent, the US’s GDP has increased by more than a third of its GDP in 2009.
2
votes
0answers
41 views

Positive effects of a Tunisia-EU free trade agreement?

Tunisia might be signing a free trade agreement with the EU very soon. It's called ALECA or DCFTA. Many activists and labor unions are opposing such an agreement because it would result in losing ...
1
vote
1answer
87 views

Does open source software contribute to GDP?

Does open source software contribute to the GDP of a nation? If yes then how, and how does it depend on the increase in usage? For instance, would an increase in the usage of open source software ...
1
vote
1answer
36 views

GDP (Is this a part of GDP Calculation)?

The GDP Calculation is for US. If a Canadian company decides to change from a US supplier to a Canadian supplier, will that change the GDP? I thought it would - as that it would reduce exports - but ...
0
votes
1answer
193 views

Will BRICS countries be the leading innovation countries 20 years from now? [closed]

I wonder about the question given in the title. What could be arguments against this statement? Considering China and Russia: Both countries have an authoritarian political system. I claim - and ...
-1
votes
2answers
178 views

Evolution of GDP to debt ratio

Is it possible for an entity (say a state, e.g. USA) to keep a constant GDP/debt ratio with a monotonically increasing debt. I should probably mention that I am not an economist (physics and c.s ...
0
votes
2answers
329 views

How can intermediate goods and final goods be differentiated?

The calculation of GDP(using expenditures) is: $C+I+G+Xn$, where we calculate the spending on final goods and services within a country. However, how exactly are final and intermediate goods ...
5
votes
2answers
106 views

How is the GDP growing when nothing else seems to be?

We've had strong GDP growth all three quarters this year. To me, that would indicate that, in at least some areas, we should be seeing growth. However, from my extremely ignorant armchair, it doesn't ...
1
vote
1answer
50 views

Data Set of Bourguignon and Morrison 2002 AER

This question is about the following paper: F. Bourguignon and C. Morrison "Inequality among World Citizens: 1820-1992", American Economic Review, Vol. 92, No. 4. (Sep., 2002), pp. 727-744. On p.730,...
1
vote
2answers
40 views

Unsure how to go about computing GDP for the following problem

I came across this question where the GDP for the years 1995-1997 is given. Then I was asked to compute the growth rate every year which I'm aware of.The next question was to compute the average which ...
1
vote
1answer
30 views

why is I included as part of GDP?

GDP = C + I + G + (X-M) If GDP is supposed to count only final goods and services, why include I? Eg if build public roads, can count as G; if build factory, can count when factory produces goods and ...
0
votes
0answers
52 views

How to extrapolate nominal GDP figures from year to another?

If I have data for nominal GDP data in local currency for several countries for a given year, how can I extrapolate the nominal GDP forward? Give that nominal GDP = quantities x prices, could I just ...
1
vote
0answers
41 views

'Taxes less subsidies' included in income approach of GDP

Why is 'taxes less subsidies' a part of the calculation of GDP (income approach)? Is it because in the expenditure method of GDP, consumption expenditure will exceed those of the total "wages and ...
2
votes
2answers
310 views

Can't a country grow its GDP without foreign investment?

Whenever various developing countries around the world talk about growing their economies, they talk about facilitating foreign investments and they put so much emphasis on it as if a country's ...
1
vote
2answers
120 views

How large is the Underground Economy in the U.S

How large is the Underground Economy in the US, and is it growing or getting smaller as a percent of GDP?
2
votes
1answer
38 views

How does government spending on imported goods affect GDP?

How does government spending on imported goods affect GDP? Is it first counted as government spending and then subtracted as imports? For instance, if the US government buy a new accounting system ...
1
vote
1answer
39 views

GDP Calculation and treatment of Personal Savings

While calculating GDP of nation, how personal savings which is not invested in economy or has become part mandatory reserve ratio of government is treated? Similarly do we include import and export of ...
1
vote
0answers
10 views

Economic history/geography of the UK (1960-today)

I am not an economist and I am looking for reference knowledge about how the economy of the UK (mainly focussing on England/Scotland/Wales) developed over the past 5 decades. The kind of information I ...
1
vote
1answer
44 views

How Switzerland has significantly high cost of living as compared to its neighboring countries?

Despite being a small country (area-wise), how Switzerland can sustain a high cost of living? I get the logic that the pay of employees would be proportionally higher, so they can sustain a high ...
0
votes
2answers
85 views

What accounts for the high GDP of the United States?

Wikipedia defines GDP as: Measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time. So, I take it that the total value of all goods (and ...
0
votes
1answer
33 views

best books about GDP [closed]

i would appreciate titles on GDP--academic and lay. ty
2
votes
1answer
63 views

Relevance of government liabilities to GDP

After Malaysia's national debt was [reassessed][1], its totaled $250bn along with other government liabilities. Now, I'm having trouble understanding the direct relevance of the ratio of goverment ...
0
votes
1answer
1k views

Quarterly GDP growth: YoY vs QoQ / terminology

Quarterly GDP growth can be calculated either in terms of YoY change or - in the case of seasonally adjusted data - in terms of QoQ change. (A third option would be to annualize the QoQ rate.) To ...
-2
votes
1answer
245 views

Equation: If the equilibrium level of GDP is $21,500, what is the marginal propensity to consume?

Equations for C, I, G, and NX are given below. If the equilibrium level of GDP is $21,500, what is the marginal propensity to consume? C = 1,500 + (MPC)Y I = 1,000 G = 2,000 NX = -200
1
vote
0answers
21 views

Relation between growth rate of GDP and real interest rate for sustainable debt-to-GDP ratio

Why is the relation between the growth rate of GDP and the real interest rate important for sustaining the government the debt-to-GDP ratio ?
1
vote
0answers
16 views

Why Does National Data Usually Cite Average Income Rather than Median Income?

When I try to look into standard of living in a given country, I try to find median income figures. I can almost never find them. Instead, all of the data I can find is about average income, GDP per ...
1
vote
1answer
51 views

Is there objective evidence that the US economy is “booming”?

I realize that it's the political pundits that are saying it, but they never seem to provide evidence that the economy is "booming". The dictionary definition of "booming" is having a period of ...
-1
votes
1answer
245 views

How does a decrease in money supply affect price levels and Real GDP in the short run?

Specifically, when a short run AS curve is positive, how does a decrease in money supply affect price levels and Real GDP in the short run? Thank you!
0
votes
1answer
16 views

Predicting GDP contribution from market share

I want to find the GDP share of several companies, but I have their market share. Now we know that these two are not equal, and the market share to GDP ratio represents general overvaluation or ...
2
votes
3answers
67 views

GDP per Installed Computing Facilities

I would like to quantify the importance of computing power for economic aggregate output in an economy in a "simple" GDP-to-installed-CPU ratio. The idea is to calculate a measure similar to GDP-to-...
1
vote
2answers
69 views

In what country outside of the EU is the public sector the highest percentage of GDP?

The article Railway strikes test Macron’s reforms - French strikes states that "Mr Macron’s reform of SNCF is only part of a bigger effort to reshape the welfare state in a country where the public ...
1
vote
1answer
744 views

Will an increase in interest rate cause short run aggregate supply to shift?

Most business borrow for financing their purchases of raw material and capital etc. Shouldn't a interest rate rise cause cost of production to increase, therefore shifting SRAS to left? Thanks in ...
2
votes
2answers
296 views

Using metrics provided by FRED to identify the business cycle

I am interested to see how the "business cycle" is associated with our firms sales. The hope is that if we can show that our sales line up with the business cycle then we can make decisions ...
0
votes
1answer
85 views

rates vs. level

For my thesis I will run some regression (OLS and ML: Probit). I like to distingish between variables in growth rates and variables in level form, if there is any important issue that I have to ...
1
vote
3answers
58 views

Debt bearing capacity

In times of low yields and the prospect of rising yields, I asked myself if the european countries can ceteris-paribus cope with rising yields. Is there a way to calculate the effect of rising yields (...
2
votes
0answers
117 views

How can the “Share of merchandise imports at current PPPs” be negative?

I'm looking at the Penn World Table 9.0 data, and find that the "Share of merchandise imports at current PPPs" (csh_m) can be negative. For example, ...
1
vote
1answer
37 views

How are GDP rates calculated?

We often hear that the GDP grew 2 % the past quarter, or something like that. But we are also told the GDP grows annually about 2-3 % every year. How can both be true? If the GDP grows 2 % in just ...
-1
votes
2answers
62 views

Calculate real GDP

Assume that the annual growth GDP per capita is 2%, how much will the real GDP per capita increase in 10 years. I know the manual way is to take 2 percent every years. For example after 1 year would ...
1
vote
1answer
177 views

Can a spending freeze solve the problem of the Italian enormous government debt?

In view of the upcoming Italian general election, I've been reading the program of a party (please let me know in the comments whether I can/should mention its name), and in a section of it they ...
1
vote
0answers
27 views

How GDP by expenditure and GDP by income method are same in this case?

Suppose I earn factor wage ₹1000 in the year 2018 and I pay a tax of ₹100 to the government. So GDP by income method is ₹1000 as we ignore transfer payments. Now if I spent all my 900 on domestic ...
1
vote
2answers
58 views

Microeconomics of GDP

Macroeconomists tend to study GDP in terms of macro variables. Microeconomists study general equilibrium (among other thinga of course). Is there theory about the relation between general ...
1
vote
1answer
753 views

GDP Identity:Why does $\text{C+S+T = C+I+G+(X-M)}$?

$$\text{C+S+T = Y = C+I+G+(X-M)}$$ where: $\text{Y}$ is GDP $\text{C}$ is Private consumption $\text{S}$ is Private savings $\text{T}$ is net taxes $\text{I}$ is investment $\text{G}$ is ...
0
votes
1answer
897 views

GDP versus GNP. Which is a better gauge of a country's economy size and prosperity?

Country A's GDP is larger than Country B's GDP. However, Country B's GNP is larger than Country A's GNP. Which country has a stronger economy? Which country's citizens is more likely to enjoy ...
0
votes
1answer
65 views

Public Debt as Percent of GDP

My question relates to calculation total debt as percent of GDP (quarterly). Since debt is a stock and GDP is a flow, I can understand calculation it on an annual basis but not quarterly.
0
votes
1answer
215 views

How to calculate gdp of a company during promotion and loss? [closed]

Suppose a company is selling a good worthy of 200 dollars, but it was charging it for 100 dollars intending for promotion. And the company have to pay salaries of $200 per good, so it loses 100 ...
1
vote
2answers
65 views

Relation $\Delta Unemployment$ and $\Delta GDPgrowth$

I have studied the development of the difference in unemployment and the difference in the growth of real GDP in the Netherlands over the years 1963-2016. From the picture it seems like a change in ...
2
votes
2answers
21 views

GDP data for the baltic states from 1988-1994

since I have to write a paper on transformation/transition processes in the baltic states (Estonia, Lithuania and Latvia), I would like to analyze GDP data from 1988 (shortly before the end of the ...
0
votes
1answer
192 views

Okun's law nominal GDP growth

Does Okun's law also work for nominal (not real) GDP growth?
1
vote
0answers
62 views

Is there any ranking of countries based on per-capita expenditure in R&D?

All the rankings available on the internet are "R&D expenditure by % of GDP". Is there any ranking of countries based on per-capita expenditure in R&D?
1
vote
1answer
29 views

Public debt and GDP in post-socialistic countries

Why is public debt in % of GDP in post-socialistic countries of Eastern Europe is less than in countries of Western Europe. Some arguments, opinions or articles?