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Comparison of Development Levels: Inequalities in the Physical Structures of National Economies

In: Disparities in Economic Development since the Industrial Revolution

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  • Eva Ehrlich

Abstract

Highly complex economic categories, as e.g. the economic development level of a country at a given date, can be less and less determined true to reality with the aid of a single indicator as e.g. GNP or GDP or national income, though, undoubtedly, this is most palpable. Still, practically every international comparison makes efforts to express economic development finally compressed into a single indicator, and that into a comprehensive synthetic indicator which, for lack of a better one, is considered as suited for an imperfect and simplified quantification of the development level and which is widely used by economic historians, economists and politicians as well.

Suggested Citation

  • Eva Ehrlich, 1981. "Comparison of Development Levels: Inequalities in the Physical Structures of National Economies," Palgrave Macmillan Books, in: Paul Bairoch & Maurice Lévy-Leboyer (ed.), Disparities in Economic Development since the Industrial Revolution, chapter 34, pages 395-410, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-04707-9_34
    DOI: 10.1007/978-1-349-04707-9_34
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