Shedding Light on the Global Distribution of Economic Activity
... Abstract: Collection of data on economic variables, especially sub-national income levels, is problematic, due to various shortcomings in the data collection process. Additionally, the informal economy is often excluded from official statistics. Nighttime lights satellite imagery and the LandScan po ...
... Abstract: Collection of data on economic variables, especially sub-national income levels, is problematic, due to various shortcomings in the data collection process. Additionally, the informal economy is often excluded from official statistics. Nighttime lights satellite imagery and the LandScan po ...
PPT
... Suppose GDP increases; is the increase in GDP due to production increasing, or due to prices increasing? • To separate these effects, the BEA calculates both Nominal GDP—the value of final goods and services evaluated at current-year prices—and Real GDP—the value of final goods and services evaluate ...
... Suppose GDP increases; is the increase in GDP due to production increasing, or due to prices increasing? • To separate these effects, the BEA calculates both Nominal GDP—the value of final goods and services evaluated at current-year prices—and Real GDP—the value of final goods and services evaluate ...
Growing (Un)equal: Fiscal Policy and Income Inequality in
... China represents an important case to analyze the long-term evolution of household income inequality. Since the first wave of economic liberalization in the late 1970s, China has grown at an astonishing rate of almost 10 percent per year, raising 660 million people out of poverty. Per capita income ...
... China represents an important case to analyze the long-term evolution of household income inequality. Since the first wave of economic liberalization in the late 1970s, China has grown at an astonishing rate of almost 10 percent per year, raising 660 million people out of poverty. Per capita income ...
Vertex Centralities in Input-Output Networks Reveal the Structure of
... et. al. [3] suggest that an understanding of these interactions on a systemic level may be achieved by analyzing the underlying complex networks. During the last decade, network analysis has been applied successfully in physics, biology and the social sciences [4–7]. The literature on economic netwo ...
... et. al. [3] suggest that an understanding of these interactions on a systemic level may be achieved by analyzing the underlying complex networks. During the last decade, network analysis has been applied successfully in physics, biology and the social sciences [4–7]. The literature on economic netwo ...
Principles of Economics, Case and Fair,9e
... The production possibility frontier shows all the combinations of output that can be produced if all society’s scarce resources are fully and efficiently employed. Economic growth expands society’s production possibilities, shifting the ppf up and to the right. ...
... The production possibility frontier shows all the combinations of output that can be produced if all society’s scarce resources are fully and efficiently employed. Economic growth expands society’s production possibilities, shifting the ppf up and to the right. ...
THE EVOLUTION OF REAL GDP PER CAPITA IN DEVELOPED
... economic outcomes” and a developed framework for testing and implementation of modern ideas technical, economic, social, etc. However, when established, the institutions are notable to provide any additional input to real economic growth. In line with Jones and Manuelli (2005), we see the cause for ...
... economic outcomes” and a developed framework for testing and implementation of modern ideas technical, economic, social, etc. However, when established, the institutions are notable to provide any additional input to real economic growth. In line with Jones and Manuelli (2005), we see the cause for ...
INITIAL CONDITIONS AND MIRACULOUS GROWTH: WHY IS SOUTH EAST
... Apart from the supposedly unique (or at least highly unusual) initial conditions of South Korea and Taiwan, the issue which has attracted most attention is the role that government has assumed in promoting the growth process in these two economies. It is argued that while public expenditure has been ...
... Apart from the supposedly unique (or at least highly unusual) initial conditions of South Korea and Taiwan, the issue which has attracted most attention is the role that government has assumed in promoting the growth process in these two economies. It is argued that while public expenditure has been ...
Monetary and Fiscal Policy Effectiveness in China
... Given the data concerns, a FAVAR approach is particularly well suited for examining monetary policy effectiveness. Under this approach, one considers a large number of data series and uses the factors that come out as summary measures of the common factors that drive the systematic component of the ...
... Given the data concerns, a FAVAR approach is particularly well suited for examining monetary policy effectiveness. Under this approach, one considers a large number of data series and uses the factors that come out as summary measures of the common factors that drive the systematic component of the ...
Gross Domestic Product - Mr. Zittle`s Classroom
... separate country. Actually, that would be the eighth, according to this map, as France (with a GDP of $2,15 trillion) is #8 on the aforementioned list. Texas’ economy is significantly smaller, exactly half of California’s, as its GDP compares to that of Canada (#10, $1,08 trillion). Florida also doe ...
... separate country. Actually, that would be the eighth, according to this map, as France (with a GDP of $2,15 trillion) is #8 on the aforementioned list. Texas’ economy is significantly smaller, exactly half of California’s, as its GDP compares to that of Canada (#10, $1,08 trillion). Florida also doe ...
UK BUSINESS CONFIDENCE MONITOR Q1 2009 South East Summary Report
... we have experienced recession; however, the globalised nature of business today combined with our recent reliance on the now fraught Financial Services sector as the driver of our economic prosperity gives previously unseen dimensions to the situation. Surviving the downturn in business requires car ...
... we have experienced recession; however, the globalised nature of business today combined with our recent reliance on the now fraught Financial Services sector as the driver of our economic prosperity gives previously unseen dimensions to the situation. Surviving the downturn in business requires car ...
UK BUSINESS CONFIDENCE MONITOR REPORT Q1 2010 INSPIRING CONFIDENCE icaew.com/bcm
... • Export growth has remained positive and is expected to rise over the coming year. • Access to capital has improved for the second quarter in succession, but still presents a greater challenge than 12 months ago for one out of every four businesses. The UK is in recovery mode but the key factor on ...
... • Export growth has remained positive and is expected to rise over the coming year. • Access to capital has improved for the second quarter in succession, but still presents a greater challenge than 12 months ago for one out of every four businesses. The UK is in recovery mode but the key factor on ...
Understanding Reform Process in Kenya
... 1. Introduction Kenya attained independence from Britain in 1963. Since then, the country has gone through a number of political and economic phases. Like most African countries, Kenya’s economy in the 1960s and 1970s was characterised by controls and a protective, inwardlooking trade regime. The e ...
... 1. Introduction Kenya attained independence from Britain in 1963. Since then, the country has gone through a number of political and economic phases. Like most African countries, Kenya’s economy in the 1960s and 1970s was characterised by controls and a protective, inwardlooking trade regime. The e ...
DOCX - World bank documents
... achieved higher rates of growth than democratic regimes for Pakistan, this conclusion deserves a few caveats. Granted, between 1960-61 and 2008-09, Pakistan’s average rate of growth was 5.3 percent. Military regimes reached an average 6 percent rate of growth vis-àvis an average 4.3 percent for demo ...
... achieved higher rates of growth than democratic regimes for Pakistan, this conclusion deserves a few caveats. Granted, between 1960-61 and 2008-09, Pakistan’s average rate of growth was 5.3 percent. Military regimes reached an average 6 percent rate of growth vis-àvis an average 4.3 percent for demo ...
UK BUSINESS CONFIDENCE MONITOR Q1 2009 South West Summary Report
... we have experienced recession; however, the globalised nature of business today combined with our recent reliance on the now fraught Financial Services sector as the driver of our economic prosperity gives previously unseen dimensions to the situation. Surviving the downturn in business requires car ...
... we have experienced recession; however, the globalised nature of business today combined with our recent reliance on the now fraught Financial Services sector as the driver of our economic prosperity gives previously unseen dimensions to the situation. Surviving the downturn in business requires car ...
C S T
... EXECUTIVE SUMMARY1 Trinidad and Tobago is one of themore prosperous countries in the region with per capita income of US$15,000 and its social results are correspondingly positive. It grew at an average annual rate of 7% for the 15 years preceding the global financial crisis. It has international r ...
... EXECUTIVE SUMMARY1 Trinidad and Tobago is one of themore prosperous countries in the region with per capita income of US$15,000 and its social results are correspondingly positive. It grew at an average annual rate of 7% for the 15 years preceding the global financial crisis. It has international r ...
Research on the Influence of Real Estate Investment on Economic
... In this paper, we use real estate investment as the variable which stimulates the economic growth. According to the cointegration test and error modification model, we can get the long-term equilibrium relationship between real estate investment and economic growth. Conclusions are as follows: 4.1 R ...
... In this paper, we use real estate investment as the variable which stimulates the economic growth. According to the cointegration test and error modification model, we can get the long-term equilibrium relationship between real estate investment and economic growth. Conclusions are as follows: 4.1 R ...
Solution Sheet FINA353 Q. What is GDP (Gross Domestic Products
... double counting. Examples: The tires produced by Bridgestone that are then sold to Toyota to be placed on their new cars. If we counted the tires when they were produced by Bridgestone and then also counted them when they were part of the Toyota, we would be double counting them. ...
... double counting. Examples: The tires produced by Bridgestone that are then sold to Toyota to be placed on their new cars. If we counted the tires when they were produced by Bridgestone and then also counted them when they were part of the Toyota, we would be double counting them. ...
Chinese economic reform
The Chinese economic reform (simplified Chinese: 改革开放; traditional Chinese: 改革開放; pinyin: Gǎigé kāifàng; literally: ""Reform & Opening up"") refers to the program of economic reforms called ""Socialism with Chinese characteristics"" in the People's Republic of China (PRC) that was started in December 1978 by reformists within the Communist Party of China (CPC) led by Deng Xiaoping.China had one of the world's largest and most advanced economies prior to the nineteenth century. In the 18th century, Adam Smith claimed China had long been one of the richest, that is, one of the most fertile, best cultivated, most industrious, most prosperous and most urbanized countries in the world. The economy stagnated since the 16th century and even declined in absolute terms in the nineteenth and much of the twentieth century, with a brief recovery in the 1930s.Economic reforms introducing market principles began in 1978 and were carried out in two stages. The first stage, in the late 1970s and early 1980s, involved the decollectivization of agriculture, the opening up of the country to foreign investment, and permission for entrepreneurs to start businesses. However, most industry remained state-owned. The second stage of reform, in the late 1980s and 1990s, involved the privatization and contracting out of much state-owned industry and the lifting of price controls, protectionist policies, and regulations, although state monopolies in sectors such as banking and petroleum remained. The private sector grew remarkably, accounting for as much as 70 percent of China gross domestic product by 2005. From 1978 until 2013, unprecedented growth occurred, with the economy increasing by 9.5% a year. The conservative Hu-Wen Administration more heavily regulated and controlled the economy after 2005, reversing some reforms.The success of China's economic policies and the manner of their implementation has resulted in immense changes in Chinese society. Large-scale government planning programs alongside market characteristics have minimized poverty, while incomes and income inequality have increased, leading to a backlash led by the New Left. In the academic scene, scholars have debated the reason for the success of the Chinese ""dual-track"" economy, and have compared them to attempts to reform socialism in the East Bloc and the Soviet Union, and the growth of other developing economies.