2023-10-13 08:42:18
The “felt GDP” is 29,826 euros for each French person and 28,390 euros for the American. MasterSergeant – stock.adobe.com
DECRYPTION – The economist Jean-Marc Germain, former PS deputy, estimates that the “perceived GDP” by the population is higher in France than in the United States. Explanation of a paradox.
Weather reports have taught us to distinguish the air temperatures recorded on the thermometer from those we feel in our bodies, due to wind and humidity. Would it not be possible to establish the same distinction for wealth, as statisticians strive to measure it objectively, and the “ feeling » what do people think? While GDP, gross domestic product quantifies the economic performance of each country, it is possible to establish “ a GDP felt » considers Jean-Marc Germain, economist trained at Polytechnique (class of X1987) and today technical advisor at INSEE.
The two articles that he has just published, on the one hand in the INSEE scholarly journal, Economy and Statistics No 539 and on the other on the INSEE blog, attract all the more attention since Jean-Marc Germain experienced his “ fifteen minutes of fame “, as a PS deputy “ slinger » under the five-year term of François Hollande. The latter remembers it…
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