Private consumption

Label:	Industrial value added (MER) per capita
Description:	Industrial value added (IVA) is the (monetary) value of the industrial products minus the value of the goods and services consumed for the production process. Industrial value added is an indicator for economic activity in the industry sector. The share of industry value added in GDP is related to the GDP development. The historic data for services value-added used in IMAGE have been taken from the World Bank.
Default unit:	US$ (2005) per yr
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.

<ul><li>"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.</li> <!--br--><li>Property "HasSource" (as page type) with input value "OECD]], CPB" contains invalid characters or is incomplete and therefore can cause unexpected results during a query or annotation process.</li></ul>