| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16010 |
| 来源ID | Working Paper 16010 |
| GDP, Technical Change, and the Measurement of Net Income: the Weitzman Model Revisited | |
| Charles R. Hulten; Paul Schreyer | |
| 发表日期 | 2010-05-20 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | We show how technical change, measured as a shift in the GDP function, is combined with net income to track welfare change. This provides a bridge between the productivity literature and the welfare-related literature that tends to reason in terms of net product functions: although the relevant income measure is net of depreciation, productivity is measured based on gross output. We show that net product, net income, net expenditure and productivity change are complements, not substitutes. We also examine whether holding gains and losses should be part of depreciation and conclude that in a general equilibrium setting, either productivity change or holding gains should be part of an extended Weitzman-type net income measure, but not both. |
| 主题 | Macroeconomics ; Development and Growth ; Growth and Productivity |
| URL | https://www.nber.org/papers/w16010 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573684 |
| 推荐引用方式 GB/T 7714 | Charles R. Hulten,Paul Schreyer. GDP, Technical Change, and the Measurement of Net Income: the Weitzman Model Revisited. 2010. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16010.pdf（237KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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