competitiveness of domestic small and medium enterprises in the
... process. It indicates that the innovation processes at the major part of Hungarian SMEs are first or second generational (they are started by R&D and concentrate on technology improvements and they are reactions to market demands). Those who undertake this type of innovations are mainly necessity en ...
... process. It indicates that the innovation processes at the major part of Hungarian SMEs are first or second generational (they are started by R&D and concentrate on technology improvements and they are reactions to market demands). Those who undertake this type of innovations are mainly necessity en ...
India`s Macroeconomic Performance and Policies since 2000
... Since then we have witnessed an extraordinary boom, with the aggregate investment rate surging above 37 percent of GDP by 2007/8 and economic growth soaring to 9 percent or higher in the last three years, 2005/6-2007/8. The proximate drivers of this growth spurt included the sustained investment bo ...
... Since then we have witnessed an extraordinary boom, with the aggregate investment rate surging above 37 percent of GDP by 2007/8 and economic growth soaring to 9 percent or higher in the last three years, 2005/6-2007/8. The proximate drivers of this growth spurt included the sustained investment bo ...
Chapter 15
... which affects aggregate demand, combined with a flat (or nearly so) SAS curve. 4. An increase in investment has multiplier effects that shift the AD curve rightward; a decrease has similar multiplier effects that shift the AD curve leftward. 5. The response of money wages to changes in aggregate dem ...
... which affects aggregate demand, combined with a flat (or nearly so) SAS curve. 4. An increase in investment has multiplier effects that shift the AD curve rightward; a decrease has similar multiplier effects that shift the AD curve leftward. 5. The response of money wages to changes in aggregate dem ...
Macro Lecture 3
... production distribute this income to households. Next, we consider how much of this income households consume and how much they save. We will also discuss the demand arising from investment and government purchases. Finally, we discuss how the demand and supply for goods and services are brought int ...
... production distribute this income to households. Next, we consider how much of this income households consume and how much they save. We will also discuss the demand arising from investment and government purchases. Finally, we discuss how the demand and supply for goods and services are brought int ...
Bank of England Inflation Report May 2010
... Charts 5.6 and 5.7 depict the probability of various outcomes for CPI inflation in the future. They have been conditioned on the assumption that the stock of purchased assets financed by the issuance of central bank reserves remains at £200 billion throughout the forecast period. If economic circums ...
... Charts 5.6 and 5.7 depict the probability of various outcomes for CPI inflation in the future. They have been conditioned on the assumption that the stock of purchased assets financed by the issuance of central bank reserves remains at £200 billion throughout the forecast period. If economic circums ...
06/03/09
... Molina, 1972). In 1964, productive capacity was underutilized and real wages were depressed, which made it possible to reconcile a boost in output, wage increases, and a reduced inflation. This was facilitated by improved terms of trade in 1965-66. Increased fiscal expenditures of 1965 were funded b ...
... Molina, 1972). In 1964, productive capacity was underutilized and real wages were depressed, which made it possible to reconcile a boost in output, wage increases, and a reduced inflation. This was facilitated by improved terms of trade in 1965-66. Increased fiscal expenditures of 1965 were funded b ...
Document
... by the annual percentage change I real GDP in a nation. The long-term annual average growth rate in the United States is 3 percent. ...
... by the annual percentage change I real GDP in a nation. The long-term annual average growth rate in the United States is 3 percent. ...
S01121079_en.pdf
... ultimate character, that is, qualitative and institutional influences which are more difficult to measure. The analysis of economic performance concentrates on the quantification of economic growth, long-run estimates of gross domestic product (GDP) growth and the measurement of factor inputs and to ...
... ultimate character, that is, qualitative and institutional influences which are more difficult to measure. The analysis of economic performance concentrates on the quantification of economic growth, long-run estimates of gross domestic product (GDP) growth and the measurement of factor inputs and to ...
Expert Group Meeting on Emerging ICT Development and Opportunities for Enhancing Cooperation for Regional Connectivity
... Project One: A white paper and seminar: Mapping Asia’s Broadband Future: Scenarios for 2015 and 2020 ...
... Project One: A white paper and seminar: Mapping Asia’s Broadband Future: Scenarios for 2015 and 2020 ...
(Download, 177 KB)
... Table 1 reports the absolute RMSFE and relative (to the last naı̈ve model) RMSFE of the alternative models. The first half of the table presents the forecasting results obtained with 3 factors, whereas the second half of the table contains those with 1 factor. In addition, the table compares forecas ...
... Table 1 reports the absolute RMSFE and relative (to the last naı̈ve model) RMSFE of the alternative models. The first half of the table presents the forecasting results obtained with 3 factors, whereas the second half of the table contains those with 1 factor. In addition, the table compares forecas ...
FRBSF E L
... Arthur Okun (1962) described the consistent relationship between changes in output and changes in unemployment that has become a standard tool for monetary policymakers and forecasters. The statistical relationship he uncovered has come to be known as Okun’s law. A simple form of this popular rule o ...
... Arthur Okun (1962) described the consistent relationship between changes in output and changes in unemployment that has become a standard tool for monetary policymakers and forecasters. The statistical relationship he uncovered has come to be known as Okun’s law. A simple form of this popular rule o ...
Word
... inflow formed a background for the growth of future potential product. Interest rates despite certain increase were not that high and were affordable to small and medium-size Czech companies. This was contributed to also by the fact that interest rates on credits were lower than those in the Eurozon ...
... inflow formed a background for the growth of future potential product. Interest rates despite certain increase were not that high and were affordable to small and medium-size Czech companies. This was contributed to also by the fact that interest rates on credits were lower than those in the Eurozon ...
Catch-up Growth Followed by Stagnation: Mexico, 1950–2010
... The data in figure 4 differ from those in figures 1 and 2 and those used in the rest of the paper except in figure 18. They are purchasing power parity real GDP numbers taken from Maddison (2010) and the World Bank World ...
... The data in figure 4 differ from those in figures 1 and 2 and those used in the rest of the paper except in figure 18. They are purchasing power parity real GDP numbers taken from Maddison (2010) and the World Bank World ...
Get cached
... U.S. states. The first is per capita personal income. The U.S. Commerce Department has published annual data on nominal personal income for the 48 continental states since 1929 (see Bureau of Economic Analysis [1986] and recent issues of Survey of CurrentBusiness). We use the figures that exclude tr ...
... U.S. states. The first is per capita personal income. The U.S. Commerce Department has published annual data on nominal personal income for the 48 continental states since 1929 (see Bureau of Economic Analysis [1986] and recent issues of Survey of CurrentBusiness). We use the figures that exclude tr ...
Convergence The Harvard community has made this article openly
... U.S. states. The first is per capita personal income. The U.S. Commerce Department has published annual data on nominal personal income for the 48 continental states since 1929 (see Bureau of Economic Analysis [1986] and recent issues of Survey of CurrentBusiness). We use the figures that exclude tr ...
... U.S. states. The first is per capita personal income. The U.S. Commerce Department has published annual data on nominal personal income for the 48 continental states since 1929 (see Bureau of Economic Analysis [1986] and recent issues of Survey of CurrentBusiness). We use the figures that exclude tr ...
P6466 - iii Template - Insurance Information Institute
... (measured by GDP) Prior to the financial crisis (1975-2007), general liability claims rose roughly 1% for every 1% rise in GDP in the UK and France and 1.4% in Canada and Italy. The US and Germany ranked in between. This was also substantially faster than CPI inflation – In the US, for example, ...
... (measured by GDP) Prior to the financial crisis (1975-2007), general liability claims rose roughly 1% for every 1% rise in GDP in the UK and France and 1.4% in Canada and Italy. The US and Germany ranked in between. This was also substantially faster than CPI inflation – In the US, for example, ...
2014-07-01 MTES Structural Reforms_Staff
... The role of policy The growth potential of any economy is not fixed. Public policy has a role to play in boosting the capacity of an economy. Whilst there is no single policy measure that can on its own improve economy-wide productivity, a range of policies can influence productivity on an incremen ...
... The role of policy The growth potential of any economy is not fixed. Public policy has a role to play in boosting the capacity of an economy. Whilst there is no single policy measure that can on its own improve economy-wide productivity, a range of policies can influence productivity on an incremen ...
Economic Indicators, November 2014
... All of the major sectors saw growth in Q3 2014 compared with the previous quarter. Industrial production, which includes manufacturing and North Sea oil and gas, rose by 0.5%; construction increased by 0.8%; and the services sector was up by 0.7%. Within services, output in the transport, storage an ...
... All of the major sectors saw growth in Q3 2014 compared with the previous quarter. Industrial production, which includes manufacturing and North Sea oil and gas, rose by 0.5%; construction increased by 0.8%; and the services sector was up by 0.7%. Within services, output in the transport, storage an ...
The Data of Macroeconomics
... must be used • There are two ways of converting from national countries to a common currency, such as the US dollar – Use market exchange rates – Use a common set of prices (PPP) ...
... must be used • There are two ways of converting from national countries to a common currency, such as the US dollar – Use market exchange rates – Use a common set of prices (PPP) ...
Economic growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Of more importance is the growth of the ratio of GDP to population (GDP per capita, which is also called per capita income). An increase in growth caused by more efficient use of inputs (such as physical capital, population, or territory) is referred to as intensive growth. GDP growth caused only by increases in the amount of inputs available for use is called extensive growth.In economics, ""economic growth"" or ""economic growth theory"" typically refers to growth of potential output, i.e., production at ""full employment"". As an area of study, economic growth is generally distinguished from development economics. The former is primarily the study of how countries can advance their economies. The latter is the study of the economic development process particularly in low-income countries.Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the price of goods produced. Measurement of economic growth uses national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure.