GDP growth project

Study examines the economic structure and dynamics of the East Midlands and Yorkshire and Humber regions of the UK, using the logic of firm and labour agglomerations and their contribution to GDP as the basis for the analysis

When Numbers Don't Add Up: The Statistical Discrepancy in GDP Accounts

At the peak of both the stock and housing bubbles, there were extraordinary shifts in the statistical discrepancy between the national output and income accounts. The statistical discrepancy fell from its normal range of 0.5 – 1.0 percent of GDP to levels below -1.0 percent of GDP. The analysis in this paper suggests that this reversal was directly related to these bubbles, with the likely explanation that a portion of the capital gains from these bubbles being misclassified in national income accounts as ordinary income. If this is the case, then the drops in household saving during the bubbles and the subsequent rises following their collapse were even larger than the official data show.GDP, savings rate, income accounts, capital gains

Redefining the Economical Power of Nations

This paper is (over the formulas) self explaining . The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a So-cial factors relativized GDP. This index cuts out the part of the GDP that is long term fro-zen up by social transfers (using the highly aggregated GINI coefficient). Social factors relativized GDP: GDP – GDP x GINI = K_Index Written differently: (1 – GINI) x GDP = K_Index Inflation indexed Version: (1 – GINI – Inflation) x GDP = K_Index_Infl. Productivity Index: K_Index / Labor Force = K_PROD Inflation indexed Productivity Index: K_Index_Infl. / Labor Force = K_PROD_Infl. Debt-to-K_Index: National debt / K_Index = K_Debt Debt-to-K_Index_Infl: National debt / K_Index_Infl. = K_Debt_Infl

The Effect of Remittance Inflows to India: An Empirical Analysis

This paper studies the relationship between remittance inflows and GDP in India. An empirical regression analysis is applied to India’s data to analyze the effect of remittance inflows to the level of GDP and GDP growth. Results show that remittance inflows have a positive and significant effect on the level of India’s GDP, and a positive but insignificant effect on GDP growth. Data used in this research come from the World Bank

BTUs in GDP

Power resources ; Petroleum industry and trade

Characterization of GDP-mannose Pyrophosphorylase from Escherichia Coli O157:H7 EDL933 and Its Broad Substrate Specificity

GDP-mannose pyrophosphorylase gene (ManC) of Escherichia coli (E. coli) O157 was cloned and expressed as a highly soluble protein in E. coli BL21 (DE3). The enzyme was subsequently purified using hydrophobic and ion exchange chromatographies. ManC showed very broad substrate specificities for four nucleotides and various hexose-1-phosphates, yielding ADP-mannose, CDP-mannose, UDP-mannose, GDP-mannose, GDP-glucose and GDP-2-deoxy-glucose

The competitiveness versus the wealth of a country

Politicians world-wide frequently promise a better life for their citizens. We find that the probability that a country will increase its {\it per capita} GDP ({\it gdp}) rank within a decade follows an exponential distribution with decay constant $\lambda = 0.12$. We use the Corruption Perceptions Index (CPI) and the Global Competitiveness Index (GCI) and find that the distribution of change in CPI (GCI) rank follows exponential functions with approximately the same exponent as $\lambda$, suggesting that the dynamics of {\it gdp}, CPI, and GCI may share the same origin. Using the GCI, we develop a new measure, which we call relative competitiveness, to evaluate an economy's competitiveness relative to its {\it gdp}. For all European and EU countries during the 2008-2011 economic downturn we find that the drop in {\it gdp} in more competitive countries relative to {\it gdp} was substantially smaller than in relatively less competitive countries, which is valuable information for policymakers.Comment: 11 pages, 7 figures, accepted for publication in Nature Scientific Report

Sustainability of public debt: Some theoretical considerations

This paper elaborates on the relationship between sustainability of public debt and the debt to GDP ratio in case the interest rate on public debt exceeds the growth rate of GDP. When the primary surplus relative to GDP positively reacts to a higher debt to GDP ratio, a bounded debt to GDP ratio guarantees sustainability. Further, an unbounded debt to GDP ratio is not compatible with sustainability, even if the primary surplus relative to GDP strictly rises as the debt to GDP ratio increases. Finally, sustainability is excluded if the initial debt to GDP ratio exceeds a critical threshold.Public Debt, Primary Surplus, Inter-temporal Budget Constraint, Sustainability