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Global aggregate costs (also known as global damages or losses) sum up the predicted impacts of climate change across all market sectors (e.g. including costs to agriculture, energy services and tourism) and can also include non-market impacts (e.g. on ecosystems and human health) for which it is possible to assign monetary values.
Aggregate data is high-level data which is acquired by combining individual-level data. For instance, the output of an industry is an aggregate of the firms’ individual outputs within that industry. [1] Aggregate data are applied in statistics, data warehouses, and in economics. There is a distinction between aggregate data and individual data.
The Marshall-Edgeworth index, credited to Marshall (1887) and Edgeworth (1925), [11] is a weighted relative of current period to base period sets of prices. This index uses the arithmetic average of the current and based period quantities for weighting. It is considered a pseudo-superlative formula and is symmetric. [12]
These aggregate indicators are based on the views of a large number of enterprise, citizen, and expert survey respondents in both industrial and developing countries. The indicators draw from over 30 individual data sources produced by a variety of survey institutes, think tanks, non-governmental organizations, international organizations, and ...
Index numbers are used especially to compare business activity, the cost of living, and employment. They enable economists to reduce unwieldy business data into easily understood terms. In contrast to a cost-of-living index based on the true but unknown utility function, a superlative index number is an index number that can be calculated. [1]
The IPCC's five reasons for concern are: threats to endangered species and unique systems, damages from extreme climate events, effects that fall most heavily on developing countries and the poor within countries, global aggregate impacts (i.e., various measurements of total social, economic and ecological impacts), [2] [3] and large-scale high ...
A single European index covers an aggregate of all Western European nations, also representing 95 percent of the aggregate market. An Emerging Markets Index represents 10 countries in Latin America and Asia. Each of these three groups offers large-cap, mid-cap, and small-cap indexes. Dow Jones Style Indexes are built as subsets of the Dow Jones ...
Aggregate income [1] [2] [3] is the total of all incomes in an economy without adjustments for inflation, taxation, or types of double counting. [4] Aggregate income is a form of GDP that is equal to Consumption expenditure plus net profits. 'Aggregate income' in economics is a broad conceptual term.