Towards a Comprehensive Accounting of the Knowledge Economy
... count each iPod twice: when it arrives from China, and when it sells. That, in effect, reduces Apple -- one of the world's greatest innovators -- to a reseller of imported goods. ...
... count each iPod twice: when it arrives from China, and when it sells. That, in effect, reduces Apple -- one of the world's greatest innovators -- to a reseller of imported goods. ...
The Uneven Transformation Of Rural Africa
... Source: World Bank, Africa’s Pulse vol. 10. International Income Distribution Database. Notes: The numbers correspond to working age (15-65) population weighted averages of the most recent survey between 2002 and 2012. Average of 33 (20) SSA countries and 66 (41) other developing countries for total ...
... Source: World Bank, Africa’s Pulse vol. 10. International Income Distribution Database. Notes: The numbers correspond to working age (15-65) population weighted averages of the most recent survey between 2002 and 2012. Average of 33 (20) SSA countries and 66 (41) other developing countries for total ...
IOSR Journal Of Humanities And Social Science (IOSR-JHSS)
... Anyanwu et al, (1997) noted that the growth of economy is derived from the investment and economic activities in such economies. Thus, economic growth is being propelled by the investment which is made possible by investment opportunities such as agricultural enterprises. In the underdeveloped count ...
... Anyanwu et al, (1997) noted that the growth of economy is derived from the investment and economic activities in such economies. Thus, economic growth is being propelled by the investment which is made possible by investment opportunities such as agricultural enterprises. In the underdeveloped count ...
the statistician`s guide to utopia: the future of growth
... capita at least by a factor of five (cf. Tables 1 and 2). World GDP, in result, increased by a factor of at least twenty. Clearly, any descriptive explanation of the rise of the ecological crisis has to take these material facts into account. But what are the long-term prospects of the growth econom ...
... capita at least by a factor of five (cf. Tables 1 and 2). World GDP, in result, increased by a factor of at least twenty. Clearly, any descriptive explanation of the rise of the ecological crisis has to take these material facts into account. But what are the long-term prospects of the growth econom ...
File - AIB Midwest
... growth by utilizing all economic tools available including fiscal and monetary policies. In addition, Vietnam’s centralized bureaucratic management system built upon state subsidies was eradicated and transitioned into a multi-sector, market-oriented economy allowing the private sector to compete wi ...
... growth by utilizing all economic tools available including fiscal and monetary policies. In addition, Vietnam’s centralized bureaucratic management system built upon state subsidies was eradicated and transitioned into a multi-sector, market-oriented economy allowing the private sector to compete wi ...
Presentation to the Mesa Chamber of Commerce Mesa, Arizona
... large number of part-time workers who would rather be full time. So-called involuntary part-time work soared during the recession and has remained unusually high during the recovery. The question we’re asking is: How much of that is due to an economy that still hasn’t reached full strength and how m ...
... large number of part-time workers who would rather be full time. So-called involuntary part-time work soared during the recession and has remained unusually high during the recovery. The question we’re asking is: How much of that is due to an economy that still hasn’t reached full strength and how m ...
Philippines
... The slowdown was due to higher inflation crimping consumer spending, which accounts for 70% of GDP. Consumer spending rose 3.4% y/y in 2Q08. Exports rose 7.7% y/y, with agricultural production climbing 4.9% y/y. The main drivers of the economy are domestic demand and electronic and agricultural expo ...
... The slowdown was due to higher inflation crimping consumer spending, which accounts for 70% of GDP. Consumer spending rose 3.4% y/y in 2Q08. Exports rose 7.7% y/y, with agricultural production climbing 4.9% y/y. The main drivers of the economy are domestic demand and electronic and agricultural expo ...
Session 3 Multi-level Modelling – Andrew Bell
... •Assumes a single consistent effect, rather than allowing that effect to vary between countries. • But why should the effect of debt on growth be the same in USA and Britain? • Instead, can use multilevel models to allow for differences across countries ...
... •Assumes a single consistent effect, rather than allowing that effect to vary between countries. • But why should the effect of debt on growth be the same in USA and Britain? • Instead, can use multilevel models to allow for differences across countries ...
Bank of England Inflation Report May 2008
... Percentage of the working-age population. This measure weights together the different types of non-employed by a proxy of their likelihood of finding work based on transition rates into employment derived from the Labour Force Survey (LFS). Weights are backward-looking four-quarter moving averages o ...
... Percentage of the working-age population. This measure weights together the different types of non-employed by a proxy of their likelihood of finding work based on transition rates into employment derived from the Labour Force Survey (LFS). Weights are backward-looking four-quarter moving averages o ...
Macroeconomics I, UPF Professor Antonio Ciccone SOLUTIONS
... In conclusion, if the Solow model describes adequately this economies, physical capital destruction should induce faster growth in Europe. In fact, if it is true that European growth is mostly due to capital accumulation, we should observe that a signi…cant part of it can be accounted for by capital ...
... In conclusion, if the Solow model describes adequately this economies, physical capital destruction should induce faster growth in Europe. In fact, if it is true that European growth is mostly due to capital accumulation, we should observe that a signi…cant part of it can be accounted for by capital ...
Computer exercises # 3 in R 1. Firstly, you should install following
... mydata=ts(mydata,frequency=4,start=c(2000,1)) mydata You can plot any time series using ts.plot command. If you want to plot GDP, only a third column of mydata should be considered. Be aware that each column of mydata can be separated as a single time series by referencing on the certain index in th ...
... mydata=ts(mydata,frequency=4,start=c(2000,1)) mydata You can plot any time series using ts.plot command. If you want to plot GDP, only a third column of mydata should be considered. Be aware that each column of mydata can be separated as a single time series by referencing on the certain index in th ...
Anglo-Saxon - Bureau de Helling
... Summarizing: What are the main differences between CME and LME? The two regimes do not differ with respect to: • Long run economic growth • Unemployment rates (although LMEs create more jobs) Where do they differ? • LME have lower rates of labour productivity growth (value added per labour hour); s ...
... Summarizing: What are the main differences between CME and LME? The two regimes do not differ with respect to: • Long run economic growth • Unemployment rates (although LMEs create more jobs) Where do they differ? • LME have lower rates of labour productivity growth (value added per labour hour); s ...
Fourth quarter real GDP growth revised up to 1.4%
... primarily to growth in the size of the labor force. The Bureau of Labor Statistics’ U-6 underemployment rate, another closely watched measure of slackness in labor markets, also increased slightly, from 9.7% to 9.8%. The U-6 underemployment rate includes the total unemployed, workers who are interes ...
... primarily to growth in the size of the labor force. The Bureau of Labor Statistics’ U-6 underemployment rate, another closely watched measure of slackness in labor markets, also increased slightly, from 9.7% to 9.8%. The U-6 underemployment rate includes the total unemployed, workers who are interes ...
South Africa`s economic performance
... resulted in a widening output gap. • Situation has also been aggravated by production capacity constraints experienced in various sectors of our economy. ...
... resulted in a widening output gap. • Situation has also been aggravated by production capacity constraints experienced in various sectors of our economy. ...
A Divided World
... countries of the “North” and of the “South.” • Does not well illustrate the development potential of the market: • China has a per capita income slightly over $300 per year, whereas development opportunities are very high. • Mali has a similar income per capita, but conditions of the economy are com ...
... countries of the “North” and of the “South.” • Does not well illustrate the development potential of the market: • China has a per capita income slightly over $300 per year, whereas development opportunities are very high. • Mali has a similar income per capita, but conditions of the economy are com ...
The Yo-Yo Years - Economic Cycle Research Institute
... investment advice – are premised on critical Further research shows that these cyclical assumptions that are highly questionable patterns also hold for much of Europe. n and, in fact, dangerous. For years, ECRI has been honing in on a very ominous pattern in U.S. economic ...
... investment advice – are premised on critical Further research shows that these cyclical assumptions that are highly questionable patterns also hold for much of Europe. n and, in fact, dangerous. For years, ECRI has been honing in on a very ominous pattern in U.S. economic ...
Economic growth 3
... high level of labor growth (through population growth, increase in the participation rate and increases in education) and high increases in total factor productivity. From our previous discussion on returns to capital we can conclude that the significant growth rates of TFP have been the prerequisit ...
... high level of labor growth (through population growth, increase in the participation rate and increases in education) and high increases in total factor productivity. From our previous discussion on returns to capital we can conclude that the significant growth rates of TFP have been the prerequisit ...
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.