Is the Gross Domestic Product (GDP) the God Number for economists? [FEBlog]
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'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: | 01 February 2023 10.18 a.m. |
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