Economic growth and household production in France (1985-2010)
Pre-print, Working paper: This paper suggests a reassessment of economic growth in France for the period 1985-2010by incorporating household production to the indicators of GDP and labour income. The results show that GDP growth is overestimated by 0.35 points of percentage. When decomposing the period in two subsets, economic growth is significantly overestimated from 1985 to 2000, while it is underestimated from 2000 to 2010.Finally, while a significant economic downturn is observed after 2000 with GDP the new indicator that merge household production and GDP does not evidence such a decline of wealth production (from 1.6% before 2000 to 1.5% after 2000).
Author(s)
Hippolyte d’Albis, Julien Navaux, Jacques Pelletan, Francois Charles Wolff
Date of publication
- 2019
Keywords JEL
Keywords
- Indicateurs de richesse
- Production domestique
Internal reference
- PSE Working Papers n°2019-59
URL of the HAL notice
Version
- 1