{"title":"GDP, GDI, and Trading Gains: An Alternative View","authors":"Bert M. Balk","doi":"10.1111/roiw.12694","DOIUrl":null,"url":null,"abstract":"This note argues that, from an economic‐statistical point of view, trading gains, as difference between real gross domestic income and real gross domestic product, may be considered as a statistical artifact; that is, trading gains vanish if a particular deflator for the trade balance is chosen.","PeriodicalId":47853,"journal":{"name":"Review of Income and Wealth","volume":"51 1","pages":""},"PeriodicalIF":1.9000,"publicationDate":"2024-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Review of Income and Wealth","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1111/roiw.12694","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
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Abstract
This note argues that, from an economic‐statistical point of view, trading gains, as difference between real gross domestic income and real gross domestic product, may be considered as a statistical artifact; that is, trading gains vanish if a particular deflator for the trade balance is chosen.
期刊介绍：
The major objective of the Review of Income and Wealth is to advance knowledge on the definition, measurement and interpretation of national income, wealth and distribution. Among the issues covered are: - national and social accounting - microdata analyses of issues related to income and wealth and its distribution - the integration of micro and macro systems of economic, financial, and social statistics - international and intertemporal comparisons of income, wealth, inequality, poverty, well-being, and productivity - related problems of measurement and methodology
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