Your English writing platform
Discover LudwigExact(3)
Industry outputs for which an industry technology assumption is made are proportional to the economy-wide outputs of each commodity whatever industry produces them.
However, agricultural production only accounts for 10% of GDP even though 35.4 billion dollars of exports herald from the agricultural sector and 66% of the light industry outputs are based on agricultural products (China 2008; National Bureau of Statistics of China 2010; World Bank 2014b).
Formally, industry outputs of commodities for which the commodity technology assumption is made, are proportional to the output of each industry: V 1 T = C 1 ( V 1 e ˆ ). and the market shares are denoted by V 2 = D 2 ∗ ( V 2 T e ˆ ).
Similar(56)
The impulse response functions indicated that when there is a shock to gross fixed capital formation in industry, industrial output will respond positively in the first 7 years, and then the effect dies down after the 8th year.
And here's Chris Williamson of Markit (whose PMI surveys have been very positive recently) "Weaker than expected output of the industrial sector and a surprise drop in construction industry output in November suggests fourth quarter economic growth could come in lower than the surveys are indicating.
BERLIN — A surprise fall in exports and near-zero growth in industry output in July suggested on Wednesday that the German industrial juggernaut may slow somewhat after building up record momentum earlier this year.
The statistics office Insee said that total industry output rose 1.5 percent from July.
Industry output expanded moderately last month, according to the first snapshot of the sector from the Chartered Institute of Purchasing and Supply.
In Germany, Europe's biggest economy, industry output plunged by a record 4.6percentt for the month in December, data showed last week.
Despite huge investments in agriculture, with one ruble in three going into agriculture and agriculture-related industry, output declined.
Construction industry output in January was down 2.6% on the previous month, dragged down by the decrease in housebuilding, the Office for National Statistics said.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com