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The item club attributed this year's predicted growth gap between Scotland and the UK to Scotland's smaller stake in faster-growing sectors and larger share of sectors where declining outputs are expected.
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A i j Spending on inputs from sector j as share of sector i's overall expenditure.
The employment share of sector i at time t in country c is defined as follows: (x_{ic} (t): = y_{ic} (t)/y_{c} (t)) for i = 1, 2, 3, for all t, and for all c.
The potential strength of fluctuation of the employment share of sector i in Model w is defined as the length (|M_{i}^{w} left( G right)|: = hbox{max} ({text{cl}}(K_{i}^{w} (G))) - hbox{min} ({text{cl}}(K_{i}^{w} (G)))) of the interval M i w (G).
The potential range of fluctuation of the employment share of sector i over the period G in Model w is defined as (M_{i}^{w} (G): = [hbox{min} ({text{cl}}(K_{i}^{w} (G))),hbox{max} ({text{cl}}(K_{i}^{w} (G)))]) where cl(K i w (G)) denotes the closure of the set K i w (G).
Assume that Model w generates different functions x ic j (t) (indicating the employment share of sector i at time t in country c) on the interval (G subseteq D), which are indexed by (j in J) and satisfy (1) and (2).
Traders and analysts said institutional investors and hedge funds seemed to be pouring new money into equities markets, buoying shares of sectors including industrial companies and conglomerates like General Electric.
Whereas the sectoral share of manufacturing sector indicated downward process in the 1970s that of service sector was seen as attracting more workers and contributing more for value-added.
Finally, column (6) substitutes the share of tradable sectors in total value added by log openness.
Column (3) removes the share of tradable sectors in total value added.
Table 8 Target share of export sectors (percentage in total exports).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com