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- W4324281009 abstract "The article explains the shortcomings of GDP as a macroeconomic indicator, which do not allow it to accurately represent the real state of the economy: GDP is based not on the quantity of the goods produced, but on the amount of human labor spent in the country; it is calculated in monetary form on the ba-sis of market prices and tariffs; it distorts cross-country comparisons; it takes into account productive and unproductive, and even useless and destructive labor on an equal basis. The author suggests upgrading the economic indica-tors used in cross-country comparisons and supplementing the GDP with the "gross commodity product" indicator, which reflects the state of only the real sector of the economy, including manufacturing, transportation, R&D and marketing segments" @default.
- W4324281009 created "2023-03-16" @default.
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- W4324281009 date "2023-01-01" @default.
- W4324281009 modified "2023-09-23" @default.
- W4324281009 title "On The Disadvantages Of GDP As A Universal Macroeconomic Indicator" @default.
- W4324281009 doi "https://doi.org/10.31857/s020736760024281-8" @default.
- W4324281009 hasPublicationYear "2023" @default.
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