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More often the planning process, assuming that changes in inputs are associated with changes in outputs, operates with reference to the cost basis of programs.
For many heavily indebted developing countries, the consequence was a prolonged period of slow growth or even declines in outputs and incomes.
There, responsibilities and functions reside in an office and are designed such that anyone with the necessary skills can occupy the office, learn how to perform its function, and do so with little variation in outputs.
And where Texas lags in outputs, there's always the confounding question of whether this reflects a problem with the process or a quirk of the inputs: Texas ranks dead last in terms of percentage of adult residents with a high school diploma, but this is partly due to in-migration of people without much formal education, rather than the schools themselves.
Similarly corresponding growth in outputs are presented in Table 3.
Fig. 7 Percentage change in outputs by sector.
Other data on the changes in outputs and populations are obtained from various sources.
These warnings may explain some discrepancies in outputs of the tools.
Fig. 3 The share of total potential for increase in outputs.
Using the relationship estimated in 1) and the value derived in 2), the difference in outputs among regions is calculated.
The rise in outputs would significantly lower consumer price and raise consumption of both public and household agents.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com