Skip to main content

LUP Student Papers

LUND UNIVERSITY LIBRARIES

GDP: here today, (maybe) gone tomorrow - A study of the impact of increased flows of services and goods on Swedish GDP

White, Kia LU (2019) NEKN01 20191
Department of Economics
Abstract
This thesis investigates if GDP as a measurement still is useful to explain the economy as new trade flows and new goods and services appear on the market. This is done by estimating the impact of merchanting, processing and royalties and licenses on Swedish GDP. The estimates used are the imports and exports of these goods and services and their share of GDP growth as well as how much these economic activities have increased in volume. The time period investigated ranges from 1994–2016 with different starting time due to availability of the data. The results are that merchanting contributes on average to GDP with one percent meanwhile royalties and licenses all contribute to Swedish GDP with less than one percent per year on average. For... (More)
This thesis investigates if GDP as a measurement still is useful to explain the economy as new trade flows and new goods and services appear on the market. This is done by estimating the impact of merchanting, processing and royalties and licenses on Swedish GDP. The estimates used are the imports and exports of these goods and services and their share of GDP growth as well as how much these economic activities have increased in volume. The time period investigated ranges from 1994–2016 with different starting time due to availability of the data. The results are that merchanting contributes on average to GDP with one percent meanwhile royalties and licenses all contribute to Swedish GDP with less than one percent per year on average. For all three goods and services the volume increase is between fifteen to twenty-two times compared from the starting year. The study concludes that GDP is still the best indicator to measure economic activity but that there will be a need in the future for a revised measurement. (Less)
Please use this url to cite or link to this publication:
author
White, Kia LU
supervisor
organization
course
NEKN01 20191
year
type
H1 - Master's Degree (One Year)
subject
keywords
GDP globalization merchanting processing royalties licenses
language
English
id
8996893
date added to LUP
2019-11-25 07:33:19
date last changed
2020-01-30 12:49:20
@misc{8996893,
  abstract     = {{This thesis investigates if GDP as a measurement still is useful to explain the economy as new trade flows and new goods and services appear on the market. This is done by estimating the impact of merchanting, processing and royalties and licenses on Swedish GDP. The estimates used are the imports and exports of these goods and services and their share of GDP growth as well as how much these economic activities have increased in volume. The time period investigated ranges from 1994–2016 with different starting time due to availability of the data. The results are that merchanting contributes on average to GDP with one percent meanwhile royalties and licenses all contribute to Swedish GDP with less than one percent per year on average. For all three goods and services the volume increase is between fifteen to twenty-two times compared from the starting year. The study concludes that GDP is still the best indicator to measure economic activity but that there will be a need in the future for a revised measurement.}},
  author       = {{White, Kia}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{GDP: here today, (maybe) gone tomorrow - A study of the impact of increased flows of services and goods on Swedish GDP}},
  year         = {{2019}},
}