The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries:
Growth in household income has evolved differently from gross domestic product (GDP) in most OECD countries over the last eighteen years. Using the wealth of information available in the System of National Accounts, this paper provides an assessment of what may be driving this gap. A clear relations...
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2016
|
| Series: | OECD Statistics Working Papers
|
| Subjects: | |
| Online Access: | Volltext |
| Summary: | Growth in household income has evolved differently from gross domestic product (GDP) in most OECD countries over the last eighteen years. Using the wealth of information available in the System of National Accounts, this paper provides an assessment of what may be driving this gap. A clear relationship, based on national accounts identities, between GDP and household income exists. This link allows for the calculation of each component's contribution to the divergence in the growth rates. Based on this deconstruction, differences between the growth rates reflect several underlying effects that (often) offset each other. In many OECD countries, real GDP grew at a faster pace than real household income over the last eighteen years driven by different developments in prices faced by producers versus prices faced by consumers and a rising profit share of corporations. The positive evolution of the other components (such as government intervention) contributed to reducing the gap between the growth rates. Several indicators are investigated to help explain the underlying developments |
| Physical Description: | 1 Online-Ressource (51 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5jlz6qj247r8-en |
Staff View
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV047937178 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220413s2016 xx o|||| 00||| eng d | ||
| 024 | 7 | |a 10.1787/5jlz6qj247r8-en |2 doi | |
| 035 | |a (ZDB-13-SOC)061242764 | ||
| 035 | |a (OCoLC)1312701077 | ||
| 035 | |a (DE-599)BVBBV047937178 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
| 100 | 1 | |a Ribarsky, Jennifer |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries |c Jennifer Ribarsky, Changku Kang and Esther Bolton |
| 264 | 1 | |a Paris |b OECD Publishing |c 2016 | |
| 300 | |a 1 Online-Ressource (51 Seiten) |c 21 x 29.7cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a OECD Statistics Working Papers | |
| 520 | |a Growth in household income has evolved differently from gross domestic product (GDP) in most OECD countries over the last eighteen years. Using the wealth of information available in the System of National Accounts, this paper provides an assessment of what may be driving this gap. A clear relationship, based on national accounts identities, between GDP and household income exists. This link allows for the calculation of each component's contribution to the divergence in the growth rates. Based on this deconstruction, differences between the growth rates reflect several underlying effects that (often) offset each other. In many OECD countries, real GDP grew at a faster pace than real household income over the last eighteen years driven by different developments in prices faced by producers versus prices faced by consumers and a rising profit share of corporations. The positive evolution of the other components (such as government intervention) contributed to reducing the gap between the growth rates. Several indicators are investigated to help explain the underlying developments | ||
| 650 | 4 | |a Economics | |
| 700 | 1 | |a Kang, Changku |4 ctb | |
| 700 | 1 | |a Bolton, Esther |4 ctb | |
| 856 | 4 | 0 | |u https://doi.org/10.1787/5jlz6qj247r8-en |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033318672 | |
Record in the Search Index
| _version_ | 1818806115664658432 |
|---|---|
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Ribarsky, Jennifer |
| author2 | Kang, Changku Bolton, Esther |
| author2_role | ctb ctb |
| author2_variant | c k ck e b eb |
| author_facet | Ribarsky, Jennifer Kang, Changku Bolton, Esther |
| author_role | aut |
| author_sort | Ribarsky, Jennifer |
| author_variant | j r jr |
| building | Verbundindex |
| bvnumber | BV047937178 |
| collection | ZDB-13-SOC |
| ctrlnum | (ZDB-13-SOC)061242764 (OCoLC)1312701077 (DE-599)BVBBV047937178 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/5jlz6qj247r8-en |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV047937178</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2016 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/5jlz6qj247r8-en</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061242764</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312701077</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047937178</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Ribarsky, Jennifer</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries</subfield><subfield code="c">Jennifer Ribarsky, Changku Kang and Esther Bolton</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2016</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (51 Seiten)</subfield><subfield code="c">21 x 29.7cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Statistics Working Papers</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Growth in household income has evolved differently from gross domestic product (GDP) in most OECD countries over the last eighteen years. Using the wealth of information available in the System of National Accounts, this paper provides an assessment of what may be driving this gap. A clear relationship, based on national accounts identities, between GDP and household income exists. This link allows for the calculation of each component's contribution to the divergence in the growth rates. Based on this deconstruction, differences between the growth rates reflect several underlying effects that (often) offset each other. In many OECD countries, real GDP grew at a faster pace than real household income over the last eighteen years driven by different developments in prices faced by producers versus prices faced by consumers and a rising profit share of corporations. The positive evolution of the other components (such as government intervention) contributed to reducing the gap between the growth rates. Several indicators are investigated to help explain the underlying developments</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Kang, Changku</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Bolton, Esther</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/5jlz6qj247r8-en</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033318672</subfield></datafield></record></collection> |
| id | DE-604.BV047937178 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:35:07Z |
| indexdate | 2024-12-18T19:04:38Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033318672 |
| oclc_num | 1312701077 |
| open_access_boolean | 1 |
| owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| physical | 1 Online-Ressource (51 Seiten) 21 x 29.7cm |
| psigel | ZDB-13-SOC |
| publishDate | 2016 |
| publishDateSearch | 2016 |
| publishDateSort | 2016 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Statistics Working Papers |
| spelling | Ribarsky, Jennifer Verfasser aut The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries Jennifer Ribarsky, Changku Kang and Esther Bolton Paris OECD Publishing 2016 1 Online-Ressource (51 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Statistics Working Papers Growth in household income has evolved differently from gross domestic product (GDP) in most OECD countries over the last eighteen years. Using the wealth of information available in the System of National Accounts, this paper provides an assessment of what may be driving this gap. A clear relationship, based on national accounts identities, between GDP and household income exists. This link allows for the calculation of each component's contribution to the divergence in the growth rates. Based on this deconstruction, differences between the growth rates reflect several underlying effects that (often) offset each other. In many OECD countries, real GDP grew at a faster pace than real household income over the last eighteen years driven by different developments in prices faced by producers versus prices faced by consumers and a rising profit share of corporations. The positive evolution of the other components (such as government intervention) contributed to reducing the gap between the growth rates. Several indicators are investigated to help explain the underlying developments Economics Kang, Changku ctb Bolton, Esther ctb https://doi.org/10.1787/5jlz6qj247r8-en Verlag kostenfrei Volltext |
| spellingShingle | Ribarsky, Jennifer The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries Economics |
| title | The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries |
| title_auth | The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries |
| title_exact_search | The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries |
| title_exact_search_txtP | The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries |
| title_full | The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries Jennifer Ribarsky, Changku Kang and Esther Bolton |
| title_fullStr | The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries Jennifer Ribarsky, Changku Kang and Esther Bolton |
| title_full_unstemmed | The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries Jennifer Ribarsky, Changku Kang and Esther Bolton |
| title_short | The drivers of differences between growth in GDP and household adjusted disposable income in OECD countries |
| title_sort | the drivers of differences between growth in gdp and household adjusted disposable income in oecd countries |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/5jlz6qj247r8-en |
| work_keys_str_mv | AT ribarskyjennifer thedriversofdifferencesbetweengrowthingdpandhouseholdadjusteddisposableincomeinoecdcountries AT kangchangku thedriversofdifferencesbetweengrowthingdpandhouseholdadjusteddisposableincomeinoecdcountries AT boltonesther thedriversofdifferencesbetweengrowthingdpandhouseholdadjusteddisposableincomeinoecdcountries |