We show that instantaneous increases in real NNP over time are an accurate indicator of true dynamic welfare improvements. The framework of the paper is the standard multisector optimal growth model. The result highlights a connection between the theory of green (or comprehensive) national income accounting and the theory of real price indices.

Rice production in most of Asian countries has been increased more rapidly than population and this has been led to increase in supply and proportionately decrease in the real price of rice in world and domestic markets. Furthermore, together with growth in production and national gross income of the country per-capita income has been increased and also demand for rice at national and internati...

A model linking macroeconomic equilibrium and income distribution in balanced growth equilibria is developed as a variant to the Kaldor model of factor shares. It departs from the original Kaldor model in assuming equal saving rates and production determined by a matching process between workers and jobs. Macroeconomic equilibrium (national savings equal to investment) combines with competitive...

T his paper studies top income shares in Iran, using 26 Household Expenditure and Income Surveys conducted by the Statistical Center of Iran over the period 1985-2015. It is shown that after the imposed Iran-Iraq war, top income groups were raising their real income and income share by 2006; however, both their share and real income fell immediately after 2006 such that the numbers a...

background during the last three decades, the total fertility rate (tfr) in iran has fallen considerably; from 6.5 per woman in 1983 to 1.89 in 2010. this paper analyzes the extent to which economic determinants at the micro and macro levels are associated with the number of children in iranian households.   methods household data from the 2010 household expenditure and income survey (heis) is ...

We examined the relation between infant mortality rates, gross national product, and income distribution. Our findings support the hypothesis that average measures of population health are influenced by the distribution of income within societies.

This paper reconstructs the National Income and Product Accounts to add asset-price (‘capital’) gains national income derive a measure of total returns. It also treats rent-extraction as charge against GDP, not contribution output. Segregating Finance, Insurance, Real Estate sector from rest private shows that most growth in wealth derives rentier activities – dynamic finance capitalism more th...