Category Archives: GDP

GDP : Key Performance Indicator ?

Posted on October 27, 2014 by Dr_JAH

GDP: Key Performance Indicator One of the most influential indicators within most country’s suite of economic indictors is Gross Domestic Product (GDP), or more particularly it’s annual rate of change, ‘growth’. GDP itself was essentially invented to act as a … Continue reading →

Posted in Business, Decision-making, Economic Dashboard, GDP, Policy Deployment, Socio-Economy | Leave a comment

Thoughts On The Nature of Value

Posted on April 17, 2014 by Dr_JAH

Thoughts On the Nature of Value After hearing the word “value” banded about and wanted to capture some of my personal thoughts on the nature of value, primarily in the context of the business-like organisation, but with reference to a wider … Continue reading →

Posted in Business, GDP, Value, Value Flow | Tagged , , , | 1 Comment

Meeting the Mittelstand – Watch this space

Posted on January 27, 2014 by Dr_JAH

I visited the ‘Meet the Mittelstand’ event last week, which brought togther a good sample of Germany’s economic powerhouse – the ‘Mittelstand’ .- in one place  It was excellently organised by Stirling Media Ltd (run by Will Stirling, recently ex-directing editor of The Manufacturer Magazine) along with government … Continue reading →

Posted in Business, GDP, Strategy Deployment, UK Manufacturing | Tagged , , , , | Leave a comment

Economic Indications: PMI Service Index on downward trend

Posted on January 4, 2013 by Dr_JAH

Back after 7 months. Found this graph (below) interesting, if simply because it reinforces the general view that many UK economic indicators are at best showing a stagnating economic picture, but more critically with this services indicator, slipping away. I’ve added red arrows to highlight a plausible 3-year downward trend, that … Continue reading →

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Italian Growth Trends vs. UK

Posted on November 8, 2011 by Dr_JAH

Just found got this through Twitter (via @TimHarford) on long-term growth trend of Italy (1960 onwards).   Sourced from : http://marginalrevolution.com/marginalrevolution/2011/11/euro-contagion.html   Just for comparison I quickly knocked a UK version up (from the ONS data quarterly data I’ve been looking … Continue reading →

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GDP Data Quicky (4)

Posted on November 1, 2011 by Dr_JAH

Interesting article on BBC today, after the first estimate of the UK GDP figures for Q3 came out. Particularly interested in the graph (from NIESR) below, which resembles the some of the deviation comparisons / analysis I’ve done in previous GDP … Continue reading →

Posted in Analysis, GDP, ONS | Tagged , , , , | 1 Comment

Understanding GDP: Expenditure Method & Value Stream Networks

Posted on October 10, 2011 by Dr_JAH

As promised, a while back, here is a continuation of my journey on understanding GDP, for the purpose of link economic outcomes to system behaviour. In this blog I’ll look at the expenditure method (GDP(E). I’ve skipped over the income method for the moment, … Continue reading →

Posted in GDP, Linking Performance to Activity, Policy Deployment, System Dynamics, Value Flow, Value Stream Networks, Visual Economy | Tagged , , , , , , | Leave a comment

Economy : More thoughts on UK GDP Data (3)

Posted on September 20, 2011 by Dr_JAH

In this post I wanted to expand on one of the findings from post no. 2. Here I’ve looked at best fit models from the persepective of different points in time, at ten year intervals, to see if at that point … Continue reading →

Posted in Analysis, Data Gathering & Graphs, GDP, System Behaviour, Visual Economy | Tagged | 1 Comment

Economy: Looking at Patterns in UK GDP Data (Part 2)

Posted on September 16, 2011 by Dr_JAH

As I mentioned in part 1, I wanted to look at the “dips” in the time-series in isolation to see if there are any similarities. By “dip”, here, I mean both the period of recession, where GDP decreases, and the period … Continue reading →

Posted in Analysis, Data Gathering & Graphs, GDP, ONS | 2 Comments

Understanding GDP : Output Method (Part 1)

Posted on September 15, 2011 by Dr_JAH

As percursor to further work, for example on making links between economic outcomes and the nature of activity and behaviour at the coalface e.g. lean-type behaviour, this blog begins to look at how GDP is put together.  It’s based on some brief … Continue reading →

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Economy: Looking at Patterns in UK GDP Data (Part 1)

Posted on September 9, 2011 by Dr_JAH

Having acquired some GDP data (before the ONS website change), I had a go at drawing some graphs to look at patterns and features. The raw GDP data are quarterly seasonally adjusted chained volume measurements, using 2006 prices, for like-for-like comparison. The data … Continue reading →

Posted in Analysis, Data Gathering & Graphs, GDP, ONS, System Dynamics | Tagged , , , , , | 1 Comment