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An economic impact analysis only covers specific types of economic activity. Some social impacts that affect a region's quality of life, such as safety and pollution, may be analyzed as part of a social impact assessment, but not an economic impact analysis, even if the economic value of those factors could be quantified. [2]
In econometrics, a dynamic factor (also known as a diffusion index) is a series which measures the co-movement of many time series. It is used in certain macroeconomic models. A diffusion index is intended to indicate the changes of the fraction of economic data time series which increase or decrease over the selected time interval,
In dynamic efficiency, [2] it is impossible to make one generation better off without making any other generation worse off. It is closely related to the notion of "golden rule of saving". In relation to markets, in industrial economics, a common argument is that business concentrations or monopolies may be able to promote dynamic efficiency. [3]
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DPSIR (drivers, pressures, state, impact, and response model of intervention) is a causal framework used to describe the interactions between society and the environment. [1] It seeks to analyze and assess environmental problems by bringing together various scientific disciplines, environmental managers, and stakeholders, and solve them by ...
Like for like (LFL) growth is a measure of growth in sales, adjusted for new or divested businesses. This is a widely used indicator of retailers ' current trading performance. [ 1 ] The adjustment is important in businesses that show a significant dynamic of expansion, disposals or closures. [ 2 ]
The Kansas state government cut personal income taxes to stimulate economic growth, depending on optimistic assumptions from dynamic scoring for state revenue. Authors of the plan claimed that "cutting taxes can have a near immediate and permanent impact," [13] arguing for tax cuts over rebuilding roads or improving the quality of schools.
In transportation engineering, the K factor is defined as the proportion of annual average daily traffic occurring in an hour. [1] This factor is used for designing and analyzing the flow of traffic on highways. K factors must be calculated at a continuous count station, usually an "automatic traffic recorder", for a year before being determined.