Hidden Bibliographic Details
| Varying Form of Title: | Better way to calculate GDP
Measure up : a better way to calculate gross domestic product
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| Other authors / contributors: | Dziobek, Claudia Helene, 1956- author, (IMF staff)
Marini, Marco, author, (IMF staff)
Métreau, Eric, author, (World Bank staff)
Stanger, Michael, author, (IMF staff)
International Monetary Fund, publisher.
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| ISBN: | 9781475572605
1475572603
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| ISSN: | 2221-030X
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| Notes: | "January 2017."
Includes bibliographical references (page 17).
Description based on online resource; title from PDF title page (IMF Web site, viewed March 21, 2017).
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| Summary: | To derive real GDP, the System of National Accounts 2008 (2008 SNA) recommends a technique called double deflation. Some countries use single deflation techniques, which fail to capture important relative price changes and introduce estimation errors in official GDP growth. We simulate the effects of single deflation to the GDP data of eight countries that use double deflation. We find that errors due to single deflation can be significant, but their magnitude and direction are not systematic over time and across countries. We conclude that countries still using single deflation should move to double deflation.
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| Other form: | Print Version: Alexander, Thomas F Measure up: A Better Way to Calculate GDP Washington, D.C. : International Monetary Fund,2017 9781475572605
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| Standard no.: | 10.5089/9781475572605.006
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