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Is the Gross Domestic Product (GDP) the God Number for economists? [FEBlog]

04 February 2013

► New entry on FEBlog

'Tell me the Gross Domestic Product (GDP) and I know exactly what your country is like!' GDP seems to be the God Number for economists, but PhD candidate Addisu Lashitew –though a faithful follower - sees limitations. How much can you trust GDP as a measure of income? And what about using it to measure overall welfare?

Read the FEBlog by Addisu Lashitew, PhD candidate at the Faculty of Economics and Business

Last modified:05 February 2018 10.39 a.m.

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