Difference between revisions of "Economic output"

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circle 252 405 89 [[Public income|Public income]]
 
circle 252 405 89 [[Public income|Public income]]
 
circle 297 188 88 [[Public expenditure|Public expenditure]]
 
circle 297 188 88 [[Public expenditure|Public expenditure]]
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circle 500 90 87 [[Household income|Household income]]
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circle 703 185 88 [[Wealth|Wealth]]
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circle 754 407 83 [[Business output|Business output]]
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circle 614 581 86 [[Gross value added|Gross value added]]
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circle 389 584 84 [[Total employment|Total employment]]
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circle 504 347 99 [[Economic output|Economic output]]
   
 
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Revision as of 09:09, 3 May 2012

Economic output

A newly developed urban object or urban environment will generate in most cases economic activities. The generated (or existing) economic impact can be measured in terms of economic output, which measures a particular dimension of change in the economic activity (see clickable map below):

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Notice that the public income and public expenditures are included while they also could be considered to be "˜financial output". Furthermore, the various measures of economic impact are overlapping[1]. An increase in business activity, for example, will generate income for its employees, profit for its owners and tax income for the public authorities. For this reason, the different measures cannot be added together to calculate the total economic impact.

Related subjects

Footnotes and references

  1. B. and G. Weisbrod (1997). Measuring economic impacts of projects and programs. Economic Development Research Group.

MAP

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