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Topic: Output economic

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In the News (Mon 17 Jun 19)

  An Overview of the Relative Economic Importance of Florida's Coastal Counties
The total economic output across all sectors of Florida's economy totaled $612 billion, of which 78%, or $477 billion, was collectively attributed to coastal counties.
Economic contributions resulting from value-added activities in Florida totaled $375 billion, of which 79%, or $296 billion, can be attributed to industry sectors located in coastal counties.
In addition, 78% of the economic output, 79% of the value-added activity, and 77% of the state's employment are attributable to industry sectors located in these 35 coastal counties.
edis.ifas.ufl.edu /OUTLINE_FE306   (1208 words)

 World economy - Wikipedia, the free encyclopedia
It is unclear, for example, how many of the world's 6.5 billion people have most of their economic activity reflected in these valuations.
The euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses economic risks because of varying levels of income and cultural and political differences among the participating nations.
Growth in global output (gross world product, GWP) rose to 3% in 1999 from 2% in 1998 despite continued recession in Japan, severe financial difficulties in other East Asian countries, and widespread dislocations in several transition economies, notably Russia.
en.wikipedia.org /wiki/World_economy   (1375 words)

 USC News - USC economic impact $4 billion on South Carolina; one in 50 jobs attributed to state's flagship university   (Site not responding. Last check: 2007-10-24)
The economic impact of the University of South Carolina's eight campuses and its alumni on the state of South Carolina is more than $4 billion, according to a report compiled by a USC economist and released Thursday (Jan. 5).
The $4.1 billion in economic output accounts for all the spending by the university for operations, construction, salaries, as well as spending by USC's students and approximately 110,000 alumni living in the state.
The economic impact of USC's eight campuses and its alumni on the state of South Carolina is $4 billion.
uscnews.sc.edu /badm001a.html   (865 words)

 Economic Impacts of Florida's Agricultural and Natural Resource Industries
Information on economic characteristics were compiled for a total of 102 distinct industries and their associated commodities that were identified as dependent upon the agricultural or natural resource base in Florida.
The gross value of sales, or economic output, of these products and services, was $31.4 billion (B) in 1997, including $18.0B exported to customers outside the state of Florida (Table 1).
The total economic impacts of Florida's agricultural and natural resource industries during 1997 were estimated at $49.2 billion (B) in output, $23.9B in value added, $14.8B in labor income, $1.8B in indirect business taxes, and 552,768 jobs (Table 2).
edis.ifas.ufl.edu /BODY_FE271   (1608 words)

 Government Size and Economic Growth
Economic progress is limited when government is zero percent of the economy, but also when it is at or near 100 percent.
Moreover, annual real output in the United States is typically growing less rapid than was the case in earlier decades, as Figure 2 demonstrates.
While the current economic boom has been long lived and been characterized by unemployment as low as we have seen in more than two decades, this is the first long (more than three years) economic recovery since reliable data were first available in (1854).
www.house.gov /jec/growth/govtsize/govtsize.htm   (5323 words)

 Economic Input-Output Life Cycle Assessment (EIO-LCA)
Economic Impacts are computed from the IO matrix and the user input change in final demand.
The economic input/output model is linear, so that the effects of a $ 1,000 purchase from a sector will be ten times greater than the effects of a $ 100 purchase from the same sector.
The total economic transactions in the supply chain for the two pavements were similar: $349,000 for asphalt, and $289,000 for steel-reinforced concrete.
www.eiolca.net /methods.html   (2243 words)

 Economic productivity in the Knowledge Society   (Site not responding. Last check: 2007-10-24)
Economic historians have also frequently pointed out that the reverse is true as well: technological advances do not imply changes in productivity [34].
Output elasticities cannot be directly measured, as we cannot freely experiment with the inputs and outputs of the economy.
Output elasticity of labor, therefore, equals the cost that has to be paid to cover the cost of the added hour of labor.
firstmonday.org /issues/issue9_7/tuomi   (19767 words)

 'U.S. Economic Outlook' * - News & Conferences, Federal Reserve Bank of Chicago
The economic expansion has gained momentum: output is growing at a solid pace, hiring has begun to pick up, and deflationary concerns have diminished.
The strength in output growth, and the confidence it has generated, have finally led to some significant gains in employment-288,000 new jobs in April and an average of 217,000 new jobs per month so far this year.
As I discussed earlier, the output gap is narrowing, and part of the Fed's current policy challenge is to avoid overshooting the level of potential output and generating inflationary pressures.
www.chicagofed.org /news_and_conferences/speeches/2004_05_11_us_economic_outlook.cfm   (2944 words)

 PFRP Economics Project - Economic contribution of Hawaii's fisheries
The purpose of this research is to integrate the cost-earnings information for the various commercial (longline, troll, handline, and others) and charter boat fleets, and estimated expenditure patterns of the subsistence and recreational fisheries into the input-output framework to better measure the economic contributions of the fisheries sector to Hawaii's economy.
This study will systematically integrate all the baseline economic information, such as the cost-earnings profiles of the commercial fleets being gathered by current PFRP projects, into the Hawaii state inter-industry or input-output economic model.
The preliminary Type I (Type II) output multipliers for the first two sectors have been estimated to be 1.43 (2.31) and 1.49 (2.40), respectively.
www.soest.hawaii.edu /PFRP/economics/leung.html   (1005 words)

 "U.S. Economic Outlook" * - News & Conferences, Federal Reserve Bank of Chicago
Along with this level of actual output, the economy also has a level of potential output-the amount of goods and services that it can produce on a sustained basis, given its technology, labor, and capital and how productively it uses them.
To close this output gap, the economy needs to grow, for a time, faster than potential-which is to say, faster than 3 to 3-1/2 percent.
Part of the Fed's policy challenge is to help accommodate economic activity so it can close this output gap, without-sometime down the road-overshooting the level of potential output and generating inflationary pressures.
www.chicagofed.org /news_and_conferences/speeches/2004_03_22_economic_outlook.cfm   (2634 words)

 Economic Impact Multipliers for Kansas
At one time, economic multipliers were arcane technical devices used by academic economists; now they appear frequently in the business news, in political discourse, and even on the front page of the local newspaper.
Second, output in the trade and transportation sectors is measured by the markup or increase in cost, and not by the total value of sales or shipments.
Capital was taken from the BEA U.S. Tangible Reproducible Wealth series; annual output figures and the ratio of output to preferred capacity were also from the BEA.
www.ipsr.ku.edu /publicat/multipliers/multipliers.htm   (5324 words)

 The Effect of Monetary Policy on Economic Output
The purpose of this paper is to broaden the scope of the on-going investigation along three dimensions.
First, we follow up the Rudebusch-Svensson claim of parameter instability in the output regressions by examining the statistical stability of the parameter estimates with post-1996 data.
"Output gaps and monetary policy in the EMU area1," European Economic Review, Elsevier, vol.
ideas.repec.org /p/umc/wpaper/0311.html   (1006 words)

 Principles of Macroeconomics: Section 14 Main
As you would expect, technology is also assumed to have a positive correlation with output; technological improvements lead to higher levels of output, Y, given capital and labor inputs.
Although the output growth rate at K' is identical to the rate at K*, K' is consistent with a greater total level of output, consumption, and standard of living.
Output, Y, is now measured as output per worker; y = Y/L (note the use of lower case y when we talk about output per worker).
www.colorado.edu /Economics/courses/econ2020/section14/section14-main.html   (3808 words)

 Bibliography of Economic Impacts
Most of the contemporary studies on economic impacts of recreation and tourism use input-out models, other approaches such as economic base models, econometric techniques, hybrid models, and non-survey methods are also included in this bibliography.
Although the primary focus is on park, recreation and tourism related studies, it attempts to cover the major approaches in economic impact analysis, especially the input-output models, for concepts and technical references.
Archer, B. and Fletcher, J. The economic impact of tourism in the Seychelles.
www.msu.edu /user/changwe4/bibli.htm   (2236 words)

 The Impact of Government Spending on Economic Growth
Economic activity is very low or nonexistent in the absence of government, but it jumps dramatically as core functions of govern­ment are financed.
Economic growth is greatly enhanced by this discovery process of “creative destruc­tion.” Government programs, however, are inherently inflexible, both because of central­ization and because of bureaucracy.
An article in the Journal of Development Eco­nomics on the benefits of international capital flows found that government consumption of economic output was associated with slower growth, with coefficients ranging from 0.0602 to 0.0945 in four different regressions.
www.heritage.org /Research/Budget/bg1831.cfm   (6029 words)

 Economic Showdown: Kerry Versus Bush
While not as scintillating as headlines from the campaign trail, an informed discussion of economic policy is ultimately more useful to voters who, in poll after poll, demonstrate their concerns about domestic economic policy.
With this in mind, President Bush has announced an economic growth plan that builds on the strengths of the private sector, while most of his opponents have focused on building the economy through bigger government, starting with a repeal of the Bush tax cuts.
The president’s opponents, such as John Kerry, have a different view of economic policy that relies on a larger government role in the economy and favors decision-making in Washington over decisions made by the millions of workers and investors who make up the U.S. economy.
www.cse.org /informed/issues_template.php?issue_id=1693   (1672 words)

 Leontief Input-Output Economic Model
In the Leontief input-output model, the economic system is assumed to have n industries with two types of demands on each industry: external demand (from outside the system) and internal demand (demand placed on one industry by another in the same system).
is the number of units of the output of industry i required to produce 1 unit of industry j's output.
For example, consider an economic system with three industries each having external demands 10, 24, and 20 respectively.
www.saintjoe.edu /~karend/m244/LinAlg-4.html   (345 words)

Purpose: The indicator is a basic economic growth indicator and measures the level and extent of total economic output.
As a single composite indicator of economic growth, it is a most powerful summary indicator of the economic state of development in its many aspects.
Limitations of the Indicator: As a necessary condition to being a key economic performance indicator of sustainable development, one of the often‑cited limitations of GDP is that it does not account for the social and environmental costs of production; it therefore is not a good measure of the level of over‑all well being.
www.un.org /esa/sustdev/natlinfo/indicators/isdms2001/isd-ms2001economicA.htm   (5521 words)

 Endogenous Monetary Policy with Unobserved Potential Output
This Paper characterizes endogenous monetary policy when policymakers are uncertain about the extent to which movements in output and inflation are due to changes in potential output or to cyclical demand and cost shocks.
Errors in forecasting potential output and the output gap are generally serially correlated.
The increase in the Fed’s conservativeness between the seventies and the nineties, and a more realistic appreciation of the uncertainties surrounding potential output in the second period, imply that the IP problem had a stronger impact in the seventies than in the nineties.
ideas.repec.org /p/cpr/ceprdp/3763.html   (1253 words)

 Economic Input-Output Based Life-Cycle Assessment (EIO-LCA)
It is used to estimate additional production required in all the sectors of the economy to support increases in output of any given sector.
Our economic input-output analysis-based life-cycle analysis (EIO-LCA) method involves augmenting conventional economic input-output tables with appropriate sectoral environmental impact indices which can then be used to analyze economy-wide environmental impacts of changes in the output of selected industrial sectors.
In cooperation with IKP from the University of Stuttgart, we are developing hybrid LCA models that eliminate the limitations of using the process analysis-based LCA and the EIO-LCA separately.
www.pprc.org /pprc/rpd/statefnd/carnegie/economic.html   (715 words)

 South Korean output slows, economic recovery recedes   (Site not responding. Last check: 2007-10-24)
SEOUL -- South Korea's industrial output fell last month for the first time in 15 months due to declines in consumption and investment, the government said Friday.
May output fell 1.9 percent from last year, the largest drop since August 2001 and following a 1.9 percent rise in April, the National Statistics Office said.
However, some analysts were concerned sluggish output and weak consumer sentiment could delay a recovery the government hoped would take place in the second half.
money.inq7.net /breakingnews/view_breakingnews.php?yyyy=2003&mon=06&dd=28&file=2   (633 words)

 Queensland Treasury Annual Report 2004-05: Output: Economic and statistical research
Maintain and enhance rigorous economic and social research agendas.
Completed economic models, analysis and advice to assist Tourism Queensland in policy development and decision making.
Completed major economic and statistical modelling in the Queensland energy and rail sectors and the juvenile justice system.
www.treasury.qld.gov.au /knowledge/docs/annual-reports/2004-05/performance/esr.shtml   (248 words)

 The EnviroLink Network - Economic Input-Output Life Cycle Assessment
The entire supply chain of requirements is included, so that the effects of producing a $20,000 motor vehicle would include not only the impacts of final assembly, but also the impact from mining of metals, making electronic parts, forming windows, etc. that are needed for parts to build the car.
This analysis is a form of life cycle assessment based upon an economic input output model of the United States, publicly available data and linear algebra calculation methods.
The impact model is linear, so the effects of a $20,000 motor vehicle purchase would be double that of a $10,000 motor vehicle.
www.envirolink.org /resource.html?itemid=20000608142915375268&catid=3   (239 words)

 Input-Output   (Site not responding. Last check: 2007-10-24)
Multipliers are predicated upon a domino theory of economic change.
An economic model for Washington State originally developed in the 1960s by UW researchers (Charles M. Tiebout and others) has become the workhorse for economic forecasting studies in the region.
Famous the world over for its accuracy and quality, this regional economic model is used as the "gold standard" in many academic studies, and has been used in countless applications.
faculty.washington.edu /~krumme/207/inputoutput.html   (1226 words)

 Economic Output SDI Inventory
Definition: tons of raw materials used per unit of output
Test Scores by Economic Group (414 SDI Group)
Definition: Standardized achievement test scores organized by economic group
www.hq.nasa.gov /iwgsdi/FW_SDI_Econ_Out.html   (718 words)

 [No title]   (Site not responding. Last check: 2007-10-24)
Strong upward trend in per capita output and real wages 3.
Little change in the share of national income going to capital or labor.
Output has grown faster than the weighted average of the growth of inputs - this implies importance of technological change.¡.ˆ“-sÎsVÿþó!«Ÿ¨The Neoclassical Growth Model¡3™þŸ¨õ1.
www.econ.yale.edu /~nordhaus/E116_2005/growth_L1_2005F_post.ppt   (654 words)

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