A recent investment bank research article suggested that generative AI could drive a 7% uptick in global GDP. What if, though, such statements were a kind of category error? What if AI were so ...
“The evolution of potential output (or the ‘supply-side’) is the most important determinant of long-term economic prospects, is a key driver of our economic and fiscal forecasts and has been a major ...
Recently, some methodological issues have been raised related to coverage in National Accounts Statistics (NAS). Key issues include use of an outdated GDP base year (2011-12), periodic discrepancies ...