Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/260713 
Autor:innen: 
Erscheinungsjahr: 
2022
Quellenangabe: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 368v2 [Publisher:] Institute of Labor Economics (IZA) [Place:] Bonn [Year:] 2022
Verlag: 
Institute of Labor Economics (IZA), Bonn
Zusammenfassung: 
Gross domestic product (GDP) is the key indicator of the health of an economy and can be easily compared across countries. But it has limitations. GDP tells what is going on today, but does not inform about sustainability of growth. The majority of time is spent in home production, yet the value of this time is not included in GDP. GDP does not measure happiness, so residents can be dissatisfied even when GDP is rising. In addition, GDP does not consider environmental factors, reflect what individuals do outside paid employment, or even measure the current or future potential human capital of a country. Hence, complementary measures may help to show a more comprehensive picture of an economy.
Schlagwörter: 
GDP
macroeconomic measures
national income accounting
JEL: 
B4
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Article

Datei(en):
Datei
Größe
488.58 kB





Publikationen in EconStor sind urheberrechtlich geschützt.