The phrase "adjust gdp" is correct and usable in written English.
It can be used in discussions related to economic analysis, policy-making, or financial reporting when referring to changes made to the Gross Domestic Product figures.
Example: "To better reflect the economic conditions, we need to adjust GDP for inflation and other factors."
Alternatives: "modify GDP" or "revise GDP".
And, by using purchasing power parity, which measures the cost of the same basket of goods and services in different countries, economists can adjust GDP to gain better insight into living standards.
Working with a colleague at Yale, William Nordhaus, he was among the first to adjust GDP figures to reflect the true costs of environmental degradation as well as of traffic congestion and crime.
GDP should ideally be reduced to take account of pollution and the using-up of non-renewable resources, but no standard accounts that can do this are yet available.On the other hand, the OECD has made a brave attempt to adjust GDP for the distribution of income.
Actually, China has further room to upward adjust GDP in the tertiary industry as the national income accounting system is gradually improved," Merrill Lynch economists wrote in a Wednesday research note.
In 2010, the behavior is more segregated by type of region: The industrialized countries have higher adjusted infrastructure stocks and adjusted GDP, while the African countries14 have from a medium-to-low transport stock and adjusted GDP.
Adjusting GDP for the size of the population -- GDP per capita -- yields a simple measure of the standard of living.
Look at the 2006 current GDP and compare it to the 2012 adjusted GDP.
It isn't helped by some oddities in the latest seasonally adjusted GDP figures.
As for this union's government statisticians, and some prison-service office staff, who also struck, or the prison electricians and boilermen now being balloted by their Amicus union well, the average Briton cares little for seasonally adjusted GDP statistics and even less for the flow of prison porridge.
A better performing country is Panama, despite having similar adjusted GDP per capita.
In 2010, better transport infrastructure-providing LAC countries include Colombia, Bolivia, Argentina, Costa Rica and Brazil, all of them with lower adjusted GDP per capita than Mexico.
