Recent research on tourism expenditure patterns has increasingly sought to unravel the complex interplay of microeconomic, demographic and psychographic determinants that underpin the spending ...

The International Comparison Program (ICP) comparisons of gross domestic product (GDP) are based on the value of an individual item equaling the product of its price and quantity (that is, the ...

Purchasing power parities (PPPs) are primarily used to convert economies’ national accounts expenditures on GDP and its components into a common currency. PPPs control for differences in price levels ...

You can think of capital expenditures (capex) as long-term, less frequent utilizations (uses) of capital. For example, the costs of buying a new building, acquiring a competitor firm, expanding a ...

As part of the ongoing exercise to update the GDP base year, the government will use several more datasets on the expenditure side to improve the sources of data and enable more accurate estimation of ...