factor cost


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factor cost

n
(Economics) (in social accounting) valuation of goods and services at their overall commercial cost, including markups but excluding indirect taxes and subsidies
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Its value added at current factor cost has increased from Rs 140.5 billion in 2014-15 to Rs 151.2 billion in 2015-16, showing a record increase of 7.6pc compare to last year.
Trade liberalisation triggers a change in relative factor cost of the two types of firms, and consequently, a change in product range produced by each of them.
Meanwhile, the CBE said that the size of GDP at factor cost amounted to about EGP 1.736tn from July to December 2017, compared to EGP 1.65bn during the same period in 2016.
The poultry value-addition at current factor cost has reached to Rs175.5bn (2017-18) from Rs.162.8bn (2016-17), an increase of 7.8pc compared to the same period last year.
The Databook of International Labour Statistics 2017 published by the Japan Institute for Labour Policy and Training offers international comparisons of data on labor share, one derived by dividing compensation for employees by gross national income, and another by dividing compensation for employees by national income at factor cost. Of these definitions, the labor share most closely suiting economic theory is that derived by dividing compensation for employees by national income at factor cost.
They generated BGN 137 139 million of production value and BGN 48 566 million of value added at factor cost, and employed 1 966 554 persons.
ISLAMABAD -- Citing the gradual acceleration in economic activity, the World Bank (WB) has predicted the GDP growth rate in Pakistan to accelerate to 5 percent at factor cost in 2017 and 5.4 percent in 2018.
GDP at Factor Cost (A+B)###9,816,212###10,211,456###10,644,336
The largest share of the total value added at factor cost was achieved by the enterprises in the Manufacturing sector (26.8 percent), followed by the Wholesale and retail trade sector (23.5 percent).
per capita NSDP at factor cost and constant prices and Human Development Index scores (to determine Gujarat's position).
The third elements factor cost subsystem has two indicators, namely "average wage (X7) and fixed asset investment in the proportion of loans to finance (X8)".
We are now measuring GDP by market prices instead of factor cost to take into account gross value addition in goods and services as well as indirect taxes.