HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Economy » double counting

Double Counting

Definition
Counting the same thing twice, or more than twice. For example, the total value of output of all firms in a country overstates the country's output, since the value of produced inputs is counted again in the value of what they help to produce. To avoid this, GDP is measured either from value added or from only final goods.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.