Abstract
This note argues that, from an economic-statistical point of view, trading gains, as difference between real gross domestic income and real gross domestic product, may be considered as a statistical artifact; that is, trading gains vanish if a particular deflator for the trade balance is chosen.
Original language | English |
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Article number | e12694 |
Journal | Review of income and wealth |
Volume | 71 |
Issue number | 1 |
Early online date | 28 May 2024 |
DOIs | |
Publication status | Published - Feb 2025 |
Bibliographical note
JEL Codes: C43, E01, O47Publisher Copyright:
© 2024 International Association for Research in Income and Wealth.