A Note on: Alternative Quantitative Measurements of Growth and Welfare for Policy Analysis
نویسنده: Tran Van Hoa؛
Spring & Summer 2010, Volume 36 - Number 1 علمی-پژوهشی/ISC (3 صفحه - از 65 تا 67)
"The issue is more critical in developing economies where a good statistical indicator of income, living standard or poverty is crucial for decision-makers in corporate, government, non-government and international organizations in their for-profit or non-profit plans to promote business and trade, enhance growth and welfare, and reduce poverty in needy countries. This note is a simple demonstration of the sources of the difference in two popular indicators of growth and welfare, namely the rates of change of the GDP and GDP per head (called y and yh respectively) and their important policy implications. Thus, Proposition 1: y>yh iff p>0 QED Proposition 2: y=yh iff p=0 QED Proposition 3: y<yh iff p<0 QED Some Application In some developing low-income, high-economic activity and moderate-population growth economies such as Vietnam, the difference between average y and yh during 1986-2005 is 2."
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