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Article . 2016 . Peer-reviewed
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Why Gross National Disposable Income Should Replace Gross National Income

Authors: Gianni Vaggi; Clara Capelli;

Why Gross National Disposable Income Should Replace Gross National Income

Abstract

AbstractUnilateral transfers, and notably remittances, are a growing source of income for developing countries. However, Gross National Income (GNI), which is widely used as an indicator for living standards, does not record them. Gross National Disposable Income (GNDI), by contrast, includes both income and unilateral transfers, thus providing a more exhaustive account of people's available income in an open economy. Yet, GNDI is rarely available in major reports and is sometimes confused with the GNI. This article calculates the GNDI for 27 countries amongst the world's top remittance receivers and demonstrates the usefulness of this measure for analysis and policy making in developing countries. The article also provides some critical insights into the role of income and unilateral transfers in the balance of payments.

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    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    4
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
4
Average
Average
Average
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