Avoiding anomalies of GDP in constant prices by conversion to chained prices / (Record no. 7449)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01622naa a2200217Ia 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 160503s9999 xx 000 0 und d |
| 001 - CONTROL NUMBER | |
| control field | art1019 |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Dumagan, Jesus C. |
| 245 ## - TITLE STATEMENT | |
| Title | Avoiding anomalies of GDP in constant prices by conversion to chained prices / |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | pp.1-28 |
| 490 ## - SERIES STATEMENT | |
| Series statement | Vol. 35 No. 2 Second Sem 2008 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Changing the base year (1985) of Philippine gross domestic product (GDP) in constant prices could change the growth rate and the shares of components even when there is no change in production volume, implying that the changes in growth rate and shares are anomalous (i.e., no real basis). This weakens GDP in constant prices as basis for valuing our economy's production and analyzing its growth performance. This paper demonstrates that GDP conversion from constant 1985 prices to chained prices avoids the above anomalies and also shows smaller and shrinking agriculture and industry sectors and enlarging services sector that is now over 50 percent of the Philippine economy. Chained prices accentuate more than constant 1985 prices the declining importance of agriculture and industry and the rising importance of services in Philippine economic transformation. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Gross domestic product-Econometric models |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Gross domestic product-Econometric models |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Price indexes-Econometric models |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Price indexes-Econometric models |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Prices-Econometric models |
| 773 ## - HOST ITEM ENTRY | |
| Record control number | 0115-9143 |
| Title | Philippine Journal of Development |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | http://dirp3.pids.gov.ph/ris/pjd/pidspjd08-2gdp.pdf |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Journal Articles |
| Source of classification or shelving scheme | |
No items available.