Estimating Real Production And Expenditures Across Nations
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Estimating Real Production And Expenditures Across Nations
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Author :
language : en
Publisher: World Bank Publications
Release Date : 2007
Estimating Real Production And Expenditures Across Nations written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Gross domestic product categories.
"From its inception, the Penn World Tables (PWT), building on the International Comparisons Program (ICP) of the United Nations, has sought to compare the standard of living of individuals in different countries. That is, the term "real GDP per capita" as reported in the PWT is intended to represent the ability to purchase goods and services by a representative agent in the economy. The same is true of benchmark comparisons as published by the United Nations, Eurostat, or OECD. But this expenditure-side interpretation of real GDP is quite different from the uses to which benchmark ICP and PWT data are frequently applied, such as in growth regressions, where "real GDP" is intended to reflect the production side of the economy. In this paper the authors propose a new approach to international comparisons of real GDP measured from the output side. They modify the traditional Gary-Khamis system, which measures real GDP from the expenditure side using real domestic expenditure, to include differences in the terms of trade between countries. The analysis shows that this system has a strictly positive solution under mild assumptions. On the basis of a set of domestic final output, import, and export prices and values for 151 countries in 1996, differences between real GDP measured from the expenditure and output side can be substantial, especially for small open economies."
Estimating Real Production And Expenditures Across Nations
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Author : Robert C. Feenstra
language : en
Publisher:
Release Date : 2004
Estimating Real Production And Expenditures Across Nations written by Robert C. Feenstra and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Gross domestic product categories.
In this paper we propose a new approach to international comparisons of real GDP measured from the output-side. The traditional Geary-Khamis system to measure real GDP from the expenditure-side is modified to include differences in the terms of trade between countries. It is shown that this system has a strictly positive solution under mild assumptions. On the basis of a set of domestic final output, import and export prices and values for 14 European countries and the U.S. it is shown that differences between real GDP measured from the expenditure and output-side can be substantial, especially for small open economies.
Estimating Real Production And Expenditures Across Nations
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Author : Robert C. Feenstra
language : en
Publisher:
Release Date : 2012
Estimating Real Production And Expenditures Across Nations written by Robert C. Feenstra and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
From its inception, the Penn World Tables (PWT), building on the International Comparisons Program (ICP) of the United Nations, has sought to compare the standard of living of individuals in different countries. That is, the term "real GDP per capita" as reported in the PWT is intended to represent the ability to purchase goods and services by a representative agent in the economy. The same is true of benchmark comparisons as published by the United Nations, Eurostat, or OECD. But this expenditure-side interpretation of real GDP is quite different from the uses to which benchmark ICP and PWT data are frequently applied, such as in growth regressions, where "real GDP" is intended to reflect the production side of the economy. In this paper the authors propose a new approach to international comparisons of real GDP measured from the output side. They modify the traditional Gary-Khamis system, which measures real GDP from the expenditure side using real domestic expenditure, to include differences in the terms of trade between countries. The analysis shows that this system has a strictly positive solution under mild assumptions. On the basis of a set of domestic final output, import, and export prices and values for 151 countries in 1996, differences between real GDP measured from the expenditure and output side can be substantial, especially for small open economies.
Estimating Real Production And Expenditure Across Nations
DOWNLOAD
Author : Robert C. Feenstra
language : en
Publisher:
Release Date : 2007
Estimating Real Production And Expenditure Across Nations written by Robert C. Feenstra and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.
Measuring The Real Size Of The World S Economy
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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2013
Measuring The Real Size Of The World S Economy written by World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Business & Economics categories.
"This work is a product of the staff of The World Bank with external contributions"--T.p. verso.
Learning From Sars
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Author : Institute of Medicine
language : en
Publisher: National Academies Press
Release Date : 2004-04-26
Learning From Sars written by Institute of Medicine and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-04-26 with Medical categories.
The emergence of severe acute respiratory syndrome (SARS) in late 2002 and 2003 challenged the global public health community to confront a novel epidemic that spread rapidly from its origins in southern China until it had reached more than 25 other countries within a matter of months. In addition to the number of patients infected with the SARS virus, the disease had profound economic and political repercussions in many of the affected regions. Recent reports of isolated new SARS cases and a fear that the disease could reemerge and spread have put public health officials on high alert for any indications of possible new outbreaks. This report examines the response to SARS by public health systems in individual countries, the biology of the SARS coronavirus and related coronaviruses in animals, the economic and political fallout of the SARS epidemic, quarantine law and other public health measures that apply to combating infectious diseases, and the role of international organizations and scientific cooperation in halting the spread of SARS. The report provides an illuminating survey of findings from the epidemic, along with an assessment of what might be needed in order to contain any future outbreaks of SARS or other emerging infections.
The Measurement Of Scientific Technological And Innovation Activities Frascati Manual 2015 Guidelines For Collecting And Reporting Data On Research And Experimental Development
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2015-10-08
The Measurement Of Scientific Technological And Innovation Activities Frascati Manual 2015 Guidelines For Collecting And Reporting Data On Research And Experimental Development written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-08 with categories.
The internationally recognised methodology for collecting and using R&D statistics, the OECD's Frascati Manual is an essential tool for statisticians and science and innovation policy makers worldwide. It includes definitions of basic concepts, data collection guidelines, and classifications ...
Calculating Trade In Value Added
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Author : Aqib Aslam
language : en
Publisher: International Monetary Fund
Release Date : 2017-08-07
Calculating Trade In Value Added written by Aqib Aslam and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-07 with Business & Economics categories.
This paper sets out the key concepts necessary to calculate trade in value added using input-output tables. We explain the basic structure of an input-output table and the matrix algebra behind the computation of trade in value added statistics. Specifically, we compute measures of domestic value-added, foreign value added, and forward and backward linkages, as well as measures of both a country’s participation and position in global value chains. We work in detail with an example of a global input-output table for 3 countries each with 4 sectors, provided by the Eora Multi-Region Input-Output (MRIO) database. The aim is to provide an introduction to the analysis of global value chains for use in policy work. An accompanying suite of Matlab codes are provided that can be used with the full set of Eora MRIO tables.
Uncovering Value Added In Trade New Approaches To Analyzing Global Value Chains
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Author : Yuqing Xing
language : en
Publisher: World Scientific
Release Date : 2015-07-13
Uncovering Value Added In Trade New Approaches To Analyzing Global Value Chains written by Yuqing Xing and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-13 with Business & Economics categories.
Value chain trade has challenged economic implications of conventional trade statistics and transformed bilateral trade relationships into multilaterals. Conventional trade statistics exaggerate trade volumes and bilateral trade imbalances. It is imperative to measure trade in value-added and examine trade relations in the context of global value chains. This book is a collection of research papers on new approaches to measure trade in value added and the role of global value chains in modern international trade. It introduces the input output method for measuring trade and a direct approach for measuring the domestic value added of the People's Republic of China — the center of global assembly. In addition, it shows how to analyze trade relations in the context of global value chains.
Export And Import Price Index Manual Theory And Practice
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2010-04-06
Export And Import Price Index Manual Theory And Practice written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-06 with categories.
A joint production by six international organizations, this manual explores the conceptual and theoretical issues that national statistical offices should consider in the daily compilation of export and import price indices. Intended for use by both ...