Net National Product

In 1985 about 2.8 percent of the net national product came from private enterprises.

The French net national product declined over the ten years from 1882 to 1892.

Gross and net national product for the United Kingdom, 1987.

In one empirical formulation, velocity was taken to be "the ratio of net national product in current prices to the money stock".

For example, net national saving in Japan, as a percentage of net national product, declined by 7.9 percent from 1976 to 1987.

Use the following figures to compute national income (that is, net national product at factor cost):

The multiplier is the relation between the increase in aggregate expenditure and the increase in net national product (output).

It can be defined as the net national product (NNP) minus indirect taxes.

Gross national product is net national product plus an allowance for the consumption of fixed capital, mostly buildings and machines, usually called depreciation.

They note that this period saw a relatively large expansion of industry, of railroads, of physical output, of net national product, and real per capita income.

Net national product (NNP) is National Income plus or minus the statistical discrepancy that accumulates when aggregating data from millions of individual reports.

If we did, our net national saving would have risen by $53 billion in 1988, from 2.95 percent of net national product to 4.17 percent - an astonishing 41 percent.

During the depression the British ratio of net national capital formation to net national product fell from 11.5% to 6.0% while Germany's rose from 10.6% to 15.9%.

"The rate of productive investment should rise from approximately 5% to over 10% of national income or net national product (this happened in Canada before the 1890s and Argentina before 1914.)

In fact, from 1869 to 1879, the US economy grew at a rate of 6.8% for real net national product (NNP) and 4.5% for real NNP per capita.

Ferguson began his argument by noting that all of the belligerent countries in World War I had endured significant economic losses, not just Germany, and that in 1920-21, German net national product grew at 17%.

Figures from Milton Friedman and Anna Schwartz show net national product increased 3 percent per year from 1869 to 1879 and real national product grew at 6.8 percent per year during that time frame.

Indeed, Paul Samuelson, writing within a Keynesian framework, defended mercantilism, writing: "With employment less than full and Net National Product suboptimal, all the debunked mercantilist arguments turn out to be valid."

A Compromise Estimate of German Net National Product 1851-1913 and its Implications for Growth and Business Cycles with Carsten Burhop, Journal of Economic History, volume 65 (3), p. 613-657, 2005.

They proposed replacing GDP with a broader measure based on something called net national product (NNP), which takes account not just of annual growth but the value, and depreciation, of all of a nation's human and physical resources.

Net national product (NNP) is the total market value of all final goods and services produced by residents in a country or other polity during a given time period (gross national product or GNP) minus depreciation.

Hence, CFC is equal to the difference between aggregate gross fixed capital formation (gross investment) and net fixed capital formation (net investment) or between Gross National Product and Net National Product.

However, the resolution of the nation's overall savings problem, which has seen the national savings rate fall to a record low of 2 percent of net national product in 1986 and 1987 from 8.4 percent during the 1960's, will require a lot more than a user fee, or "tax," on bank deposits.

Most count as savings "government investments in roads, airports and other infrastructure"; if the U.S. savings account included such investments, he calculated, "our net national savings would have risen by $53 billion in 1988, from 2.95 percent of net national product to 4.17 percent - an astonishing 41 percent."

In 2009 a panel of economists commissioned by Nicholas Sarkozy, the French President, proposed the replacement of Gross Domestic Product with a Net National Product which would take into account the contentment of the people, the quality of public services and free services available within communities.