Araştırma Makalesi

A New Approach to Purchasing Power: Discounted Gross Domestic Product Per Capita

Cilt: 41 Sayı: 1 6 Mart 2026
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A New Approach to Purchasing Power: Discounted Gross Domestic Product Per Capita

Öz

This study presents a new approach to eliminate the large gap between GDP per capita calculated according to purchasing power parity and GDP per capita calculated by other methods. With this approach, inflation and exchange rate-driven changes in the purchasing power of countries are taken into account, and thus, the purchasing power losses in countries can be tracked through GDP per capita. In this way, the calculation based on purchasing power parity is discounted, and the potential differences between the real GDP per capita and the GDP per capita calculated according to PPP are reduced.

Anahtar Kelimeler

Kaynakça

  1. Ahn, J., Mano, R.C. & Zhou, J. (2020), Real Exchange Rate and External Balance: How Important Are Price Deflators?. Journal of Money, Credit and Banking, 52: 2111-2130. https://doi.org/10.1111/jmcb.12746
  2. Antal, M., & van den Bergh, J. (2014). Evaluating alternatives to GDP as measures of social welfare/progress. European Commission European Research Area. Retrieved March, 20, 2020.
  3. Ardeni, P. G. (1989). Does the Law of One Price Really Hold for Commodity Prices? American Journal of Agricultural Economics, 71(3), 661-669.
  4. Armiento, M. (2018). The sustainable welfare index: towards a threshold effect for Italy. Ecological Economics, 152, 296-309.
  5. Cassel, G. (1921). The world's money problems. New York: E.P. Dutton and Co.
  6. Cassel, G. (1922). Money and foreign exchange after 1914. New York: MacMillan.
  7. Chai, T., & Draxler, R. R. (2014). Root mean square error (RMSE) or mean absolute error (MAE)? – Arguments against avoiding RMSE in the literature. Geoscientific model development, 7(3), 1247-1250. https://doi.org/10.5194/gmd-7-1247-2014.
  8. Cook, D., & Davíðsdóttir, B. (2021). An appraisal of interlinkages between macro-economic indicators of economic well-being and the sustainable development goals. Ecological Economics, 184, 106996.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Makroekonomik Teori

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

6 Mart 2026

Gönderilme Tarihi

21 Ocak 2025

Kabul Tarihi

25 Ağustos 2025

Yayımlandığı Sayı

Yıl 2026 Cilt: 41 Sayı: 1

Kaynak Göster

APA
Gerede, C. (2026). A New Approach to Purchasing Power: Discounted Gross Domestic Product Per Capita. İzmir İktisat Dergisi, 41(1), 230-263. https://doi.org/10.24988/ije.1624210
AMA
1.Gerede C. A New Approach to Purchasing Power: Discounted Gross Domestic Product Per Capita. ije. 2026;41(1):230-263. doi:10.24988/ije.1624210
Chicago
Gerede, Cemaleddin. 2026. “A New Approach to Purchasing Power: Discounted Gross Domestic Product Per Capita”. İzmir İktisat Dergisi 41 (1): 230-63. https://doi.org/10.24988/ije.1624210.
EndNote
Gerede C (01 Mart 2026) A New Approach to Purchasing Power: Discounted Gross Domestic Product Per Capita. İzmir İktisat Dergisi 41 1 230–263.
IEEE
[1]C. Gerede, “A New Approach to Purchasing Power: Discounted Gross Domestic Product Per Capita”, ije, c. 41, sy 1, ss. 230–263, Mar. 2026, doi: 10.24988/ije.1624210.
ISNAD
Gerede, Cemaleddin. “A New Approach to Purchasing Power: Discounted Gross Domestic Product Per Capita”. İzmir İktisat Dergisi 41/1 (01 Mart 2026): 230-263. https://doi.org/10.24988/ije.1624210.
JAMA
1.Gerede C. A New Approach to Purchasing Power: Discounted Gross Domestic Product Per Capita. ije. 2026;41:230–263.
MLA
Gerede, Cemaleddin. “A New Approach to Purchasing Power: Discounted Gross Domestic Product Per Capita”. İzmir İktisat Dergisi, c. 41, sy 1, Mart 2026, ss. 230-63, doi:10.24988/ije.1624210.
Vancouver
1.Cemaleddin Gerede. A New Approach to Purchasing Power: Discounted Gross Domestic Product Per Capita. ije. 01 Mart 2026;41(1):230-63. doi:10.24988/ije.1624210

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