Comparing Australia: international GDP rankings and revealed preference

نویسندگان

  • Steve Dowrick
  • John Quiggin
چکیده

Data on volumes and prices of consumption and investment are u s e d to compare Australian real GDP for 1990 with the other OECD countries. Australian consumption patterns, including leisure, a n d price structure are very different from most other countries a n d especially from Japan's. The Australian bundle of consumption, investment and leisure is revealed preferred to that of Japan and a number of other countries which are conventionally ranked above Australia in comparisons of real GDP per capita at international prices.

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تاریخ انتشار 1997