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A microeconomist looks at productivity: A view from the Valley

  • Presentation
  • Sep 1, 2016
  • #Productivity #EconomicGrowth
Hal R. Varian
@HalRVarian
(Author)
www.brookings.edu
See on www.brookings.edu
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Even though everyone agrees GDP is not intended to be a measure of “welfare”, it is often used as a proxy for “standard of living”. ● “...a measure for standard of living: average r... Show More

Even though everyone agrees GDP is not intended to be a
measure of “welfare”, it is often used as a proxy for “standard
of living”.
● “...a measure for standard of living: average real gross
domestic product (GDP) per capita”
● “...productivity and living standards”
● “...GDP per capita as yardstick for living standards.”
● “...Measuring living standards with GDP per capita”

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Gokce Idiman @gokce · Feb 20, 2023
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