The trade-to-GDP ratio measures the relative importance of international trade in the economy of a country. As a percentage metric, it is calculated by dividing the aggregate value of imports and ...

The final goods or services used to compute GDP (Gross Domestic Product) are those that are purchased by the end user and not ...

This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...