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- Title
NATIONAL INCOME, TERMS OF TRADE AND ECONOMIC WELFARE.
- Authors
Hamada, Koichi; Iwata, Kazumasa
- Abstract
Investigates the welfare implications of real gross national product in an open economy in a dynamic context in Japan. Details on the economic conditions of the country during 1979 and 1980; Effectiveness of gross national product as an indicator of national welfare in an open economy; Comparison between Nicholson's method and Rasmussen's method.
- Subjects
JAPAN; GROSS national product; ECONOMIC conditions in Japan
- Publication
Economic Journal, 1984, Vol 94, Issue 376, p752
- ISSN
0013-0133
- Publication type
Article
- DOI
10.2307/2232293