Exact(6)
Government spending is assumed to be a constant share of government income, and there is no tax replacement; hence, as tariff revenue falls, the government deficit expands.
In the BAU scenario, we considered an increase in the motors efficiency of 48% in 2050 relative to 2006, a constant share of ethanol and biodiesel in energy consumption, and no significant uptake of electric cars.
The authors assumed a constant share of the value-added for each sector, and the future energy projections assumed to be cumulatively decreasing based on the government's reduction targets.
A steady state is defined as a constant share of agents in each labor market state, and the distributions of wages amongst the paid employees, the productivity amongst the self-employed, and the distribution of employment size amongst recruiters are all stationary.
An elasticity of −1.0 would imply that a constant share of labor income is spent on human capital investments regardless of how many children couples have, so that a country with a TFR (F) of 3 would spend one third as much per child relative to labor income as a country with a TFR (F) of 1.
Our empirical results suggest that human capital expenditures per child are substantially higher where fertility is lower, to the extent that the product of the total fertility rate and human capital spending per child is roughly a constant share of labor income across countries, although total spending per child falls with fertility.
Similar(53)
While engine cooling power is modelled as a constant share (4%) of the actual engine power the auxiliaries are each modelled as a repeating time dependent load profile characterised by maximum power, power share and duty ratio.
People in the ninety-fifth to the ninety-ninth percentiles of income have represented a fairly constant share of the national income for twenty-five years now.
"In a break from the historical pattern, net Medicare spending is projected to be a roughly constant share of the federal budget and the nation's economy in the coming decade," the Kaiser Foundation wrote in a recent fact sheet.
In 2010, the Henry tax review warned the PRRT "fails to collect an appropriate and constant share of resource rents from successful projects due to uplift rates that overcompensate successful investors for the deferral of PRRT deductions".
The new figures come eight years after the 2008 Henry tax review concluded the PRRT "fails to collect an appropriate and constant share of resource rents from successful projects due to uplift rates that over-compensate successful investors for the deferral of PRRT deductions".
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