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RBA Glossary definition for GDP

GDP – Gross Domestic Product. A key measure of the value of economic production in the economy. GDP is determined in one of three ways: the value of goods and services produced less the cost of production; the sum of incomes generated by production; the sum of final expenditure on goods and services produced plus exports minus imports. An average of the three approaches may be calculated and is also referred to as GDP.

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Declining Output Volatility: What Role for Structural Change? | Conference – 2005

11 Jul 2005 Conferences
Christopher Kent, Kylie Smith and James Holloway
One approach examines changes in the make-up and behaviour of various components of GDP for a given country. ... product markets, and changes in the composition and behaviour of components of GDP.
https://www.rba.gov.au/publications/confs/2005/kent-smith-holloway.html

Discussion | Contractions in Chinese Fertility and Savings: Long-run Domestic and Global Implications | Conference – 2016

18 Mar 2016 Conferences
small. We write utility as a function of consumption rather than other components of GDP. ... of Japanese GDP devoted to investment has fallen over the years (Figure 3).
https://www.rba.gov.au/publications/confs/2016/golley-tyers-zhou-discussion.html

Discussion on Internationalisation and the Macroeconomy | Conference – 1994

11 Jul 1994 Conferences
in the structure of goods and services exports; and second, their discussion of GDP connections. ... component parts of GDP to see which, if any, are the mainstays of the aggregate link.
https://www.rba.gov.au/publications/confs/1994/hughes-disc.html

What Went Right in the 1990s? Sources of American and Prospects for World Economic Growth | Conference – 2000

21 Jun 1990 Conferences
J Bradford DeLong
18.4 per cent of GDP at the peak of the 1975–1979 expansion. ... The 1993 Clinton deficit-reduction program then cut the structural deficit from 3 to 1 per cent of GDP.
https://www.rba.gov.au/publications/confs/2000/delong.html

International Business Cycle Co-movements through Time | Conference – 2005

11 Jul 2005 Conferences
Dan Andrews and Marion Kohler
FDI openness has risen overall, suggesting that bilateral FDI has grown at a faster pace than GDP. ... Quarterly real GDP data for Australia come from the Australian Bureau of Statistics (ABS), Cat No.
https://www.rba.gov.au/publications/confs/2005/andrews-kohler.html

What Caused the Decline in US Business Cycle Volatility? | Conference – 2005

11 Jul 2005 Conferences
Robert J Gordon
0.66. 0.11. 3.8. Per cent. of real GDP. GDP minus residential structures. ... Table 5: Estimated Equations for Quarterly Changes in the GDP and PCE Deflators.
https://www.rba.gov.au/publications/confs/2005/gordon.html

Internationalisation and the Macroeconomy | Conference – 1994

11 Jul 1994 Conferences
David Gruen and Geoffrey Shuetrim
Base case (no foreign measure). 0.32. 0.31. OECD GDP. 0.32. 0.02. ... Table 2: Australian GDP Growth Regressions (1980:1 to 1993:4). (a). OECD.
https://www.rba.gov.au/publications/confs/1994/gruen-shuetrim.html

Measuring Economic Progress | Conference – 1995

10 Jul 1995 Conferences
Ian Castles
The ICP divides up … GDP into about 150 detailed categories (approximately 110 consumption, 35 investment and 5 government). ... Yet the real expenditures on gross rent are a significant component of the ICP estimates of real GDP which have attracted
https://www.rba.gov.au/publications/confs/1995/castles.html

The Key Obstacles to Success in Economic Catching Up by China | Conference – 2016

18 Mar 2016 Conferences
Wing Thye Woo
To put the issue formally, the evolution of the debt-to-GDP ratio is given by:. ... until its per capita GDP converges with that of Japan and Western Europe.
https://www.rba.gov.au/publications/confs/2016/woo.html

A Factor Model Analysis of the Effects of Inflation Targeting on the Australian Economy | Conference – 2018

12 Apr 2018 Conferences
Luke Hartigan and James Morley
Figure 13 directly examines the implied IRFs for real GDP growth and CPI inflation. ... t. ). Yes. Non-farm GDP. Expenditure. Δlog(x. t. ). Yes. GDP per capita.
https://www.rba.gov.au/publications/confs/2018/hartigan-morley.html