(Economics) gross domestic product Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014 GDP gross domestic product. Random House Kernerman Webster's College Dictionary, © 2010 K Dictiona...
On the security economics of electricity metering Smart grids are a hot topic, with the US administration devoting billions of dollars to modernising the electricity infrastructure. Significant action is likely in metering, where the largest and most radical change may come in the Europ... R Ander...
It is important to note that many things are produced in an economy but not everything is included in GDP figures. Only final goods/services are accounted for. This means that the production of steel, for example, isn't part of the total count. Likewise, the process of chrome plating an...
Nothing in the figures leavens the GNP with a long-range consideration of how much stuff you're using up that's nonrenewable. Major factors ignored in the GNP; Possible change to an `index of sustainable economic welfare'; Details.Dworetzky...
in the 1980s private-sector bosses have seen timely data as a source of competitive advantage. ⑤But the public sector has been slow to reform how it works. ⑥The official figures that economists track—think of GDP or employment—come with lags of weeks or months and are often revised ...
Explain why economists do not use nominal GDP figures when comparing a country's GDP over time. What are the benefits of using GDP to measure an economy? Explain what you think about the GDP and why you believe it is the best measure for the economy. Why...
We focus on manga of which more than 10 million copies have been published in Japan as of January 2021 (mangazenkan2021). Since the physical size of the manga may affect the number of panels per page and we adopted the page as the unit of analysis, we excluded the manga that had not...
The bottom figures illustrate the daily business conditions index (ADS) proposed by Aruoba et al. (2009), the economic policy uncertainty index (EPU) developed by Baker et al. (2016), and the geopolitical risk index (GPR) introduced by Caldara and Iacoviello (2022) Full size image Table ...
Blockchain technology is new to the public eye and it is complicated to learn especially if you have little knowledge about it. People only hype the financial aspects of it in economics but never mention the risk factor of it upon the scenario. This means that as a blockchain you have a...
For example, suppose you wanted to know the probability that the S&P 500 would return a positive percentage this year, given initial gross domestic product (GDP) figures. In that case, you’d start with Bayes’ theorem, considering the index’s historical return rates to get an initial estima...