← Back to catalogue
Research draft

economic growth

vr.tr.economic-growth · INF.KNW

Let an agent explain economic growth and how it is measured, relay growth data from statistical agencies and international bodies with sources and dates, present theories and debates with attribution, and route investment questions away.

Thing Registry Information and virtual systems

Research draft, second pass

A second pass drafted this model: the structure a model of this thing needs, and what is known about it in the world. The line under this one says how the second half was obtained - researched against sources, or recalled without web access, in which case nothing here was read anywhere and every claim is a lead to verify. Unreviewed either way.

written by Claude from model knowledge without web access - no source was read, every claim is a lead to verify

Researched by: Claude

Purpose and description

Let an agent explain economic growth and how it is measured, relay growth data from statistical agencies and international bodies with sources and dates, present theories and debates with attribution, and route investment questions away.

The increase over time in the amount of goods and services an economy produces, measured as the growth rate of real gross domestic product or of GDP per person; economic growth is driven by labour, capital, technology and institutions, is the central concern of much of macroeconomics and development policy, and is debated for its measurement, distribution and environmental limits.

What it is for: Not applicable; a measure of economic change.

It can be explain definitions and measurement; relay growth figures with sources; present theories of growth with attribution; present debates about limits and distribution.

Distinguishing features

Change in real output

Per capita and aggregate versions

Long-run and cyclical components

Contested as a goal and a measure

What it looks like

Not visible; a percentage in statistical releases.

Physical character

world growth: about 2-4 percent per year - recent decades; IMF data

How it is recognised

Rate of change of real GDP

Measured quarterly and annually by statistical agencies

Development, welfare and business cycles are related but distinct concepts

Related models

is a kind of - a change in the economy

macroeconomic phenomenon

is measured by - the main measure

gross domestic product

is related to - short-run fluctuations

business cycle

is studied by - the discipline

macroeconomics

In practice

Families and kinds

aggregate and per capita growth

extensive and intensive growth

growth episodes such as economic miracles

growth in specific countries

sustainable and green growth as policy concepts

degrowth as a critical position

Standards and regulation

System of National Accounts for GDP measurement

IMF and OECD statistical standards

Failure modes and hazards

Comparing figures with different bases or prices

Presenting one theory or policy view as fact

Ignoring distribution and environmental costs

Agents giving investment advice

Also called

economic miracleimport-oriented growthintensive growthextensive growtheconomic development in Indiagrowth rategreen growthmass motorizationMIFROGAnnual growth ratereal gross domestic product growth rate

Where this came from

wikidata · CC0 1.0

Source repository Registry entry point

Also registered as vr.tr.economic-growth

Drafted structure

Bundle to layer to finding to question, as the second pass will find it: 4 bundles · 8 layers · 8 findings · 16 questions.

Measure How growth is measured.

Data.

Definition

Definition and measurement.

Definition

Definition.

  1. How is economic growth defined and measured, and what do real, nominal and per capita mean? definition
  2. Is the question about growth, development or the business cycle? boundary

Data

Growth data.

Data

Data.

  1. What are the growth figures for a given economy and period, from which source? measurement
  2. Is the figure sourced and dated? boundary
Explain Theories of growth.

Attribution.

Theories

Growth theories.

Theories

Theories.

  1. How do classical, neoclassical, endogenous and institutional theories explain growth, with attribution? provenance
  2. Is the presentation neutral? boundary

Drivers

Drivers.

Drivers

Drivers.

  1. What do studies say about the roles of capital, labour, technology and institutions? provenance
  2. Which references are standard? provenance
Policy Policy and debate.

Attribution.

Policy

Growth policy.

Policy

Policy.

  1. What policies are used to promote growth, and how are they assessed by named institutions? provenance
  2. Which entry fits economic policy? action

Limits

Limits and critiques.

Limits

Limits.

  1. What debates exist about growth limits, sustainability, distribution and degrowth, with positions attributed? provenance
  2. Is the user asking for investment advice, which the model does not give? boundary
History History and teaching.

Context.

History

Growth in history.

History

History.

  1. How has growth varied across history and regions, with sources? provenance
  2. Which entry fits economic history? action

Teach

Teaching.

Teach

Teaching.

  1. How is economic growth taught, and which misconceptions arise? provenance
  2. Which entry fits macroeconomics? action

What the second pass must settle

  • Should growth theory be a separate entry?
  • How should statistical releases be linked and dated?
  • The registry entry has merged aliases for growth types and a country case; should they be split off?
Draft as JSON