GDP per capita: Difference between revisions

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{{VariableTemplate
{{VariableTemplate
|Status=Publishable
|Status=Publishable
|Label=Gross domestic product per capita (MER)
|Label=Gross domestic product (GDP) per capita  
|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.
|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 pathways
|Source=OECD, CPB
}}
}}

Revision as of 13:57, 30 July 2013

Label: Gross domestic product (GDP) per capita
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.
Dimensions: time, region
Default unit: US$ (2005) per year
Variable type: driver
Driver group: Economic development pathways
Source: OECD, CPB


Drivers are described in the Drivers component.


Variable is input of model component(s):


  • Click on a box to open the model component.

"Economic development pathways" is not in the list (Population projections, Economic development, Trade regimes, tariffs and barriers, Environmental and other policies, Technological change in the energy system, Energy and land resources, Technological change in agriculture and forestry, Lifestyle parameters) of allowed values for the "DriverGroup" property.