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An Alternative Methodology for the Comparison of Gross Domestic Products (GDPs)

Authors: Leonardo Cruz Basso;

An Alternative Methodology for the Comparison of Gross Domestic Products (GDPs)

Abstract

The article proposes an alternative methodology for the comparison of Gross Domestic Products (GPDs). It is an alternative to the purchasing power parity theory that utilizes the nominal exchange rate to compare GPDs. The value of the money in the conception of Hilferding is obtained dividing the GPDs by the necessary working hours for producing it. The productive power of a society is represented by the value of the money of each society and the relative productive power is represented by the relationship between the values of money (VMb/VMa) that gives the relevant exchange rate to compare the two economies (the dimension of the division of the two money values is the same dimension of the nominal exchange rate, in other words, real for dollar).

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selected citations
These citations are derived from selected sources.
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!
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