Consumption Growth Accounting

18 Pages Posted: 31 Aug 2007

See all articles by Erik Dietzenbacher

Erik Dietzenbacher

University of Groningen - Department of Economics

Olaf J. de Groot

DIW Berlin; Bocconi University

Bart Los

University of Groningen - Faculty of Economics

Abstract

The methodology in this paper combines an input-output structural decomposition approach with the supply-side perspective of mainstream growth accounting. In explaining the intertemporal change in consumption per worker, three sets of effects are distinguished. First, contributions due to several types of technological changes are considered. Second, effects caused by changes in international trade are discerned. Third, composition effects that reflect structural shifts in demand (including changes in tastes) are quantified. As an empirical illustration, we analyze the developments in the U.K. between 1979 and 1990.

Suggested Citation

Dietzenbacher, Erik and de Groot, Olaf J. and Los, Bart, Consumption Growth Accounting. Review of Income and Wealth, Vol. 53, No. 3, pp. 422-439, September 2007, Available at SSRN: https://ssrn.com/abstract=1010792 or http://dx.doi.org/10.1111/j.1475-4991.2007.00244.x

Erik Dietzenbacher

University of Groningen - Department of Economics ( email )

P.O. Box 800
9700 AV Groningen
Netherlands
+31 (0)50 3633813 (Phone)

Olaf J. De Groot

DIW Berlin ( email )

Mohrenstra├če 58
Berlin, 10117
Germany

Bocconi University ( email )

Via Sarfatti, 25
Milan, MI 20136
Italy

Bart Los (Contact Author)

University of Groningen - Faculty of Economics ( email )

P.O. Box 800
9700 AV Groningen
Netherlands
+31 (0)50 3637317 (Phone)

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