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Nigeria's real GDP is based on 1990 prices.
GDP is based on creating an artificial and fictitious boundary, assuming that if you produce what you consume, you do not produce.
Take Ireland: its apparently high GDP is based heavily on the fact that major corporations, such as Apple, exploit Dublin's very low corporation tax rates to base their regional headquarters there, but the income and profits nominally generated in Dublin goes abroad; they do not stay in Ireland.
Economists are developing means to incorporate the value of household care in National Income and Product Accounts on which GDP is based (Pratt, 2007, Landefield & McCulla, 2000).
The construction of a two-dimensional scale-invariant tensor product smoother for worker age (age) and region-level GDP per capita (gdp) is based on two marginal one-dimensional spline bases, with associated quadratic penalties measuring their roughness.
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Contracts worth around $360 trillion, five times global GDP, are based on them.Something this important needs to be rock solid, and there are concerns that LIBOR is not.
E N is estimated using an empirical function of per capita gross domestic product (GDP) that is based largely on protein consumption; this relationship was updated by Van Drecht et al. (2009) to use per-purchasing parity GDP (GDP ppp ) rather than market-exchange-rate GDP (GDP mer ) as originally formulated (Dumont et al., 2005; Van Drecht et al., 2003).
Computers and Chemical Engineering, 24, 2125 2141] have developed a reformulation of Generalized Disjunctive Programming (GDP) problems that is based on determining the convex hull of each disjunction.
Using the GDP per capita level is based on the WHO description of interventions below this value as being 'very cost-effective' (for the WPROA Region to which New Zealand belongs [ 34]).
This is based on nominal GDP.
"The traditional view of economic growth is based on chasing GDP, but in fact we will all end up richer and happier if we begin to take into account the true value of nature," said its conservation director, Martin Harper.
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