GDP per capita: Difference between revisions

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{{VariableTemplate
{{VariableTemplate
|Status=Publishable
|Label=Gross domestic product (GDP) per capita
|Label=Gross domestic product per capita (MER)
|Description=Gross Domestic Product per capita, measured as the market value of all goods and services  produced in a region in a year, and is used in the IMAGE framework as a generic indicator of economic activity.
|Description=Gross Domestic Product (GDP) is a key indicator to measure macro-economic activity in the IMAGE model. It is also used as a welfare indicator. GDP formally measures expenditures on private household consumption, investment and government purchases of goods and services, along with the balance of exports and imports of merchandise and non-factor services. Other economic growth indicators, such as private consumptions or service value added, are strongly related to GDP.
|Dimension=time, region
 
In IMAGE, growth of GDP (or related economic indicators) plays an important role in both the formulation for energy demand and food demand. The historic data for GDP used in IMAGE are taken from the World Bank's World Development Indicators. The future growth trajectories are determined using ???
 
GDP is expressed here in terms of  US$ per capita; the total GDP for each world region is obtained by multiplying the GDP per capita with the total population.
|Unit=US$ (2005) per year
|Unit=US$ (2005) per year
|VariableType=driver
|DriverGroup=Economic development
|Source=World Bank database;
|BasedOn=future: exogenous input
}}
}}

Latest revision as of 09:37, 19 November 2018

Label: Gross domestic product (GDP) per capita
Description: Gross Domestic Product per capita, measured as the market value of all goods and services produced in a region in a year, and is used in the IMAGE framework as a generic indicator of economic activity.
Dimensions: time, region
Default unit: US$ (2005) per year
Variable type: driver
Driver group: Economic development
Source: World Bank database;
Values based on: future: exogenous input


Drivers are described in the Drivers component.


Variable is input of model component(s):


  • Click on a box to open the model component.



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