Sentences with phrase «per capita income growth»

The good news: we will see impressive advances in resource efficiency, and an increasing focus on human well - being rather than on per capita income growth.

Mr. Vedder also found a 23 % higher rate of per capita income growth in right - to - work states.

The report draws on government and trade statistics, academic evidence and economic theory to challenge arguments that the health and social benefits of reducing alcohol consumption are likely to come at a cost to the economy, finding: · Any reduction in employment and income resulting from lower spending on alcohol would be offset by spending on other goods · Econometric analysis of US states suggests that a 10 % decrease in alcohol consumption is associated with a 0.4 % increase in per capita income growth · Lower alcohol consumption could also reduce the economic costs of impaired workplace productivity, alcohol - related sickness, unemployment and premature death, which are estimated to cost the UK # 8 - 11 billion a year The analysis comes at a timely moment, with health groups urging the Chancellor to raise alcohol duty in next month's Budget.

Real, per capita income growth can only be sustained by increases in productivity.

Not exact matches

While growth in China is trending lower, the share of global output produced in China will continue to rise, as per capita incomes converge towards those in the more advanced economies (Graph 6).

In contrast, since 2011 there has been little net growth in real per capita incomes.

The first is the recent slow growth in real per capita income.

Technological advances have always been a key driver of growth and rising income per capita, yet some fear that this time will be different.

High performance in this category, either in terms of growth or the level of per capita income, does not guarantee a high quality of life.

«This report discusses how tax structures can best be designed to support GDP per capita growth.The analysis suggests a tax and economic growth ranking order according to which corporate taxes are the most harmful type of tax for economic growth, followed by personal income taxes and then consumption taxes, with recurrent taxes on immovable residential property being the least harmful tax.

The most important determinant of a country's per capita income, over the longer term, is the level of and growth in productivity.

The demand for services in the Building Exterior Cleaners industry cum window cleaning line of business is on the increase in recent time, as growth in household formation rates expanded the available clientele base for industry players and rising per capita disposable income enabled consumers to purchase cleaning services they put off during the recession.

As a result, there has been very little growth in real income per capita since 2008.

If the Illinois General Assembly would simply restrict the growth of state spending to 2.89 percent (the average annual growth in Illinois» gross domestic product per capita since 2000), Illinois would be on its way to paying off its backlog of bills and eventually repealing the income tax hike.

The rate of growth in real disposable household income per capita is only 0.9 percent per year.

As well, its five - year average growth rates for real GDP per capita and after - tax income are fairly solid by North American standards.

The following chart shows that since February 2015, the growth rate of consumer revolving credit has nearly doubled from 3.4 % to 6.2 %, while the growth rate of real - per - capita - disposable income has been cut almost in half, from 3.2 % to 1.7 %.

In the 1950's, for instance, there were 45 countries that had a higher rate of growth in per capita income than the United States.

The Indian economist Amartya Sen notes, moreover, that the growth in per capita income has been about one - third greater in countries at the bottom of the economic heap than those at the high end, and that the figures would be even higher if sub-Saharan Africa were excluded.

Understandably, American political economists came to argue that recent employment growth and per capita income increases would explain more or less which US presidential election candidate would win.

«However, if you analyze losses with respect to per capita income and population growth separately, this reveals a different picture: Our analysis for the United States shows that high income does not protect against hurricane losses.

Of more importance is the growth of the ratio of GDP to population (GDP per capita), which is also called per capita income.

In another 60 years the world population will have at least doubled, and economic growth at a probable 2 per cent a year will have nearly quadrupled our per capita income.

According to the National Research Council (2011), U.S. advances in science and technology account for «more than half of the tremendous growth to per capita income in the 20th century.»

Under the funding formula, school funding will be directed by Test 2, which provides what schools got last year with adjustments for attendance and the growth in per capita personal income, which is expected to remain steady next year at 4 percent.

The two part I chapters define terms from National Income Accounts: national income, capital, wealth, the capital to income ratio and growth of output, population, and per capita oIncome Accounts: national income, capital, wealth, the capital to income ratio and growth of output, population, and per capita oincome, capital, wealth, the capital to income ratio and growth of output, population, and per capita oincome ratio and growth of output, population, and per capita output.

-- Higher demand also (via increased consumption & waste *) due to rising global per capita incomes — basically this is an emerging / frontier markets growth story

Rising per capita income and increasing demand for consumer products and services in Asia point to a positive earnings growth outlook for consumer - related companies.

Rapid population growth, increased urbanization and rising per capita income in emerging markets is driving two important trends, which in large measure, drive Zoetis» growth strategy:

In the early stages of economic growth degradation and pollution increase, but beyond some level of income per capita (which will vary for different indicators) the trend reverses, so that at high - income levels economic growth leads to environmental improvement.

Although economic growth is assumed to be moderate, the world economy will grow to over $ 200 trillion (in year 2000 dollars) and the average per - capita income will be about $ 20,000 per year, roughly equal to current levels in Portugal or the Czech Republic, about double today's average world income per person.

A steady increase of income per capita in developing and emerging economies has already led to a recent rapid growth in ownership and use of 2 ‐ wheelers, 3 ‐ wheelers and light duty vehicles (LDVs), together with the development of new transport infrastructure including roads, rail, airports, and ports.

Yet some combinations of values that lead to high emissions, such as high per - capita income growth and high population growth, appear less likely than other combinations.

The Princeton group's multi-stage formula estimates individual emissions based on lifestyle and income rather than per capita national income — a departure from the 1992 United Nations Framework Convention on Climate Change, which set no specific goals or timetables for emission reductions by developing nations until the developed world had found a model for low - carbon economic growth.

A complete model of climate policy costs and impacts should, in theory, make some of these data endogenous; climate damages can affect the rate of (business as usual) growth of per capita incomes; climate policies can change the price of oil.

Although low and middle income developing countries currently have low per capita water consumption, rapid growth in population and inefficient use of water across sectors is expected to lead to a water shortage in the future.

Hotelling resource price dynamics in a Ramsey growth model help explain these findings, by showing that income growth does not imply per capita emissions growth, while convergence implies declining average emissions.

According to ASSOCHAM, factors contributing to the growth of the health insurance market are rise in per - capita income, expensive health care treatments, new diseases and financial burden on the poor.

The West also is home to some of the highest growth in per capita income.

In 1999, the West accounted for four of the five states with the fastest growth in per capita income.