Search results
Results From The WOW.Com Content Network
The Statistics Indonesia (Badan Pusat Statistik) derives GRP for a province as the sum of the GRP Nominal originating in all the industries in the province at current prices market. [ 2 ] GRP are the amount of remuneration received by factors of production participating in the production process in a region within a certain period of time ...
The Solow residual measures total factor productivity, but the productivity variable is normally attached to the labor variable in the Solow-Swan model to make technological growth labor-augmenting. This type of productivity growth is required mathematically to keep the shares of national income accruing to the factors of production constant ...
In economics, total-factor productivity (TFP), also called multi-factor productivity, is usually measured as the ratio of aggregate output (e.g., GDP) to aggregate inputs. [1] Under some simplifying assumptions about the production technology, growth in TFP becomes the portion of growth in output not explained by growth in traditionally ...
The following list of countries by labour productivity ranks countries by their workforce productivity. Labour productivity can be measured as gross domestic product (GDP) or gross national income (GNI) generated per hour.
The Total Economy Database was developed at the Groningen Growth and Development Centre (GGDC) in the University of Groningen in the Netherlands in the early 1990s. . Starting in the late 1990s, it began to be produced jointly by GGDC and The Conference Board, a nonprofit founded in 1916 that works on the relationship between business and labor in 60 c
For the EU, Indonesia is the 24th largest import source (share 0.9%) and the 30th largest export destination (share 0.6%). Inside the ASEAN-region, Indonesia ranks fourth in terms of total trade. The EU is Indonesia's 4th largest trading partner after Japan, China and Singapore, representing almost
A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), Gross national income (GNI), net national income (NNI), and adjusted national income (NNI adjusted for natural resource depletion – also called as NNI at factor cost).
The exogenous rate of TFP (total factor productivity) growth in the Solow–Swan model is the residual after accounting for capital accumulation. The Mankiw, Romer, and Weil model provide a lower estimate of the TFP (residual) than the basic Solow–Swan model because the addition of human capital to the model enables capital accumulation to ...