Why Gross National Disposable Income Should Replace Gross National Income

Abstract

Unilateral transfers, and notably remittances,

Perceptions of poverty: Evaluating Multidimensional Poverty Assessment Tool derived rankings and global development indicators in five African nations

“…The gross domestic product (GDP) (the monetary value of final goods and services produced in a country in a given period of time) is typically the most commonly accepted measure of a country's economic performance. However, increasing importance is given to the GNI as a better measure of the financial resources available to a country's population (Capelli & Vaggi, 2013).…”

“…Moreover, the GNI is considered a better indicator as it captures the incomes related to the mobility of factors of production (e.g. wages earned by cross‐border workers) (Capelli & Vaggi, 2013). The GNI is calculated by taking a country's GDP, adding net receipts from abroad and subtracting subsidies on production.…”

“…Moreover, the GNI is considered a better indicator as it captures the incomes related to the mobility of factors of production (e.g. wages earned by cross-border workers) (Capelli & Vaggi, 2013).…”

Classifying Countries in Terms of Government Expenditure: A Multi-criteria Approach

“…First, the income per capita is not the best measurement of economic capacity and well-being and does not take into account other indicators such as GDP, gross national disposable income, etc. [Vaggi, Capelli, 2014;Vaggi, 2017]. Second, the absolute threshold for different categories is accompanied by no justification [Nielsen, 2011].…”

Assessment of the effects of stricter standards in energy efficiency regulation for residential air conditioning in Guayaquil, Ecuador

“…GNI is an indicator of total residents' income -within the national territory or from abroad. In an increasingly globalized economy, it is considered that the GNI is a better metric than GDP to estimate the overall economic wellbeing of a country, because in certain countries a significant amount of the income, which is part of GDP, is expended abroad (Capelli & Vaggi, 2013). To estimate GNI from GDP, three terms must be added to the last parameter:…”