Notes
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GNI was formerly referred to as "gross national product," or GNP.
In the literature surrounding the SNA, the trading gain is derived
by deflating net exports directly rather than by using an implicit price deflator.
The SNA presents several options for deflating net exports, including import
prices, export prices, an average of import and export prices, and a final
domestic expenditure price index. For discussions regarding alternative methods,
see Geary 1961, Stuvel 1959, Denison 1981, Silver and Mahadavy 1989,
Nicholson 1960, Courbis 1969, Kurabayashi 1971, Kohli 2006a, 2006b,
and SNA 1993. Currently, the Bureau of Economic Analysis in the United
States calculates a command-basis GDP that is equivalent to the real GDI discussed
in the SNA using an import price deflator.
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