期刊名称：Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN：1830-3420
电子版ISSN：1830-3439
出版年度：2021
卷号：2021
语种：English
出版社：European Central Bank
摘要：This box presents an alternative method for breaking down GDP, accounting for the fact that each demand component contains goods and services which are imported. The standard breakdown of GDP into domestic expenditure components and net exports enables an assessment to be made of the domestic versus foreign drivers of growth. Such a breakdown traditionally subtracts the contribution of total imports as a stand-alone aggregate from total exports to compute net exports. In reality, however, imports contribute to all individual components of GDP, i.e. also to changes in inventories and to domestic demand, and more so to investment than to private and government consumption. This standard national accounting practice therefore has a limitation in that it magnifies the purely domestic demand contribution to GDP growth while shrinking the influence of foreign factors on domestic economic activity.
