Net national product ( NNP ) is gross national product (GNP), i.e. the total market value of all final goods and services produced by the factors of production of a country or other polity during a given time period, minus depreciation . Similarly, net domestic product (NDP) is gross domestic product (GDP) minus depreciation. Depreciation describes the devaluation of fixed capital through wear and tear associated with its use in productive activities.
5-459: NNP may refer to: Net National Product New Nationalist Party , UK New National Party of Grenada New National Party (Netherlands) New National Party (South Africa) New Nationalist Party (Fiji) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title NNP . If an internal link led you here, you may wish to change
10-497: Is another concept called NNP of a country. NNP is a more accurate measure of total value of goods and services by a country. It is derived from GNP figures. As a rough estimate, GNP is very useful indicator of total production of a country. But if we are interested to have an accurate and true measure of what a country is producing and what is available for uses, then GNP has a serious defect. In national accounting , net national product (NNP) and net domestic product (NDP) are given by
15-403: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=NNP&oldid=1164846540 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Net National Product Closely related to the concept of GNP
20-535: The subject of research on its role as a dynamic welfare indicator as well as a means of reconciling forward and backward views on capital wherein NNP( t ) corresponds to the interest on accumulated capital. Furthermore, the net national product has featured prominently as a measure in environmental economics such as within models accounting for the depletion of natural and environmental resources or as an indicator of sustainability. This economics -related article
25-399: The two following formulas: Although the net national product is a key identity in national accounting, its use in economics research is generally superseded by the use of the gross domestic or national product as a measure of national income, a preference which has been historically a contentious topic (see e.g. Boulding (1948) and Burk (1948) ). Nonetheless, the net national product has been
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