Gerd Altmann/Pixabay.com (CC0-PD) Gross Domestic Product (GDP) is an economic indicator that focuses on the value of goods and services a country produces. Gross National Income (GNI) includes ...
Definition: GNI per capita is the gross national income, converted to US dollars using the World Bank Atlas method, divided by the mid-year population. GNI is the sum of value added by all resident ...
We measure the lifetime incidence of a value added tax (V AT) using income data from the Panel Study of Income Dynamics (PSID) and consumption data from the Consumer Expenditure Survey (CEX). When ...