8 - Long-term projections compared (2012 and 2009 projections): potential GDP
Potential GDP and Economic Growth
... Then real GDP per person in that year was $8.0 trillion divided by 200 million, which equals $40,000. 17.2 THE BASICS OF ECONOMIC GROWTH Use these two values of real GDP per person in the growth formula to ...
21
Long-Term Projections of. Asian GDP and Trade. Summaries and Key Findings i
... variables, GDP in pairs and geographic distance, as well as the Logistics Performance Index, an indicator of the quality of trade-related logistics, perform remarkably well in explaining both imports and exports ...
34
Long term labour productivity and GDP projections for the EU25 Member States : a production function framework
... These assumptions suggest that the projection relies on some degree of arbitrariness, which illustrates the uncertainty surrounding all long term projections. Moreover, for the sake of simplicity, ...
93
Long-term labour productivity and GDP projections for the EU25 Member States : a production function framework
... On the basis of a survey of human resource executives, Barth et al. (1993) finds that older workers were seen as being more reliable, having better skills and adopting better work-friendly behaviour than their younger ...
92
Long-term aged care: expenditure trends and projections
... projected long-term aged care costs increase by ...of GDP by 2031 compared to the base ...projected long-term aged care costs by about 0.05 percentage points of GDP from ...
119
Statutory pensions in Finland: Long-term projections 2016
... Pensions’ long-term projections of statutory pensions for the period ...change compared to the report in 2013 is the 2017 pension reform. Compared to the projections published in ...
114
Statutory pensions in Finland: long-term projections 2007
... National pensions are indexed to consumer prices but their real value is increased occasionally by a decision of the parliament. These discretionary decisions are difficult to model in a satisfactory manner. 13 In the ...
81
Statutory pensions in Finland: long-term projections 2009
... Hence, the share of total pension expenditure in GDP will also stabilize. In the 2007 projection, the share of national pensions in GDP decreased steadily. Average pension In 2008, the average pension of ...
96
Long-term Climate Change: Projections, Commitments and Irreversibility
... magnitude compared to the forced component also depends on the variable (Hawkins and Sutton, 2009, 2011; Mahlstein et ...produce projections that include both components is to estimate natural variability ...
110
A dynamic model to estimate the long run trends in potential GDP
... and potential level of production (and consequently the estimation of natural rate of unemployment is also ...in long-run it is affected by factors such as: general technological progress, rising of ...
13
Modelling reallocation processes in long-term labour market projections
... the potential of the of- fered amount of hours by the labour force has been assumed to be stable during the projection period (Zika et ...in long-term labour market ...from projections using ...
24
Methodological Issues of Medium-Term Macroeconomic Projections - The Case of Potential Output
... of potential output, both of which arise from different assumptions about the inherent stability of the ...best. Long- lasting negative output gaps are thus a likely occurrence and entail the danger of ...
155
Mid- and long-term climate projections for fragmented and delayed-action scenarios
... and long-term climate projections are affected significantly compared to the immediate action 450 scenarios, with a “best-guess” (median) warming peak of ...
12
Health Projections and Policy Options for the 2013 Long-term Fiscal Statement
... While health spending is partly driven by demographic change and is projected to increase due to population ageing, non-demographic factors also play a significant role. Productivity gains tend to be lower in ...
Public spending on health and long-term care: a new set of projections
... in GDP depends on demographic and real income per capita projections, as well as on the extrapolated residual growth ...population projections drawn from different sources and a healthy-ageing effect ...
39
CBO’s 2016 Long-Term Projections for Social Security: Additional Information
... Over the next two decades, the number of OASI beneficiaries will increase as members of the baby-boom generation retire. As a result, in 2040, under current law, spending for OASI will amount to 5.6 percent of GDP ...
30
Future Demand for Long-Term Care, 2001 to 2031: Projections of Demand for Long-Term Care for Older People in England
... of GDP required to fund long-term care services will rise significantly over the next decades under base case ...of long-term care ...
30
China Desalination Cost Compared to Global Long-Term Estimation
... performance is the most effective method to reduce the cost for membrane system. One aspect of improvement is lower membrane resistance. That can reduce the operating pressure required, which means less energy input and ...
10
Inflation, unemployment, and labor force. Phillips curves and long-term projections for Japan
... Abstract The evolution of the rate of price inflation, and unemployment, in Japan has been modeled within the Phillips curve framework. As an extension to the Phillips curve, we represent both variables as linear ...
24
Elusive drought: uncertainty in observed trends and short and long term CMIP5 projections
... Fig. 1. Exposure to drought, land uses and future changes of drought in CMIP5 projections. (a) Physical exposure to drought measured by the number of persons exposed to drought per year over 1980–2001. (b) ...
17