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Net domestic product, on the other hand, is shrinking.
Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration.
Agriculture is the single largest contributor to the regional net domestic product, while Information technology is a rapidly growing industry.
Net domestic product has contracted before.
The offender is net domestic product.
Net domestic product, the gross domestic product minus depreciation on a country's capital goods.
Table 2 shows the Net Domestic Product and resource use of the UK economy in 2001.
A major agricultural producer, West Bengal is the sixth-largest contributor to India's net domestic product.
Put another way, net domestic product shrinks more easily than in the past, and if the contractions last long enough, then a new definition of recession may emerge.
Depreciation (or Capital Consumption Allowance) is added to get from net domestic product to gross domestic product.
Their depletion and degradation are treated like depreciation, subtracted from G.D.P. to arrive at net domestic product.
The UK economy generated about £ 1,545 Net Domestic Product per ton of CO in 2001.
The macroeconomic equivalent of Net Value Added is the Net Domestic Product (NDP).
If net investment (which is gross investment minus depreciation) is substituted for gross investment in the equation above, then the formula for net domestic product is obtained.
The target growth rate was 2.1% annual gross domestic product (GDP) growth; the achieved growth rate was 3.6% The net domestic product went up by 15%.
NDP: Net domestic product is defined as "gross domestic product (GDP) minus depreciation of capital", similar to NNP.
While gross domestic product rose slightly from January through June, net domestic product declined - by a minuscule $600 million in the first quarter and a more significant $27.1 billion in the second.
Put differently, had BPs set of financial, environmental and social resources been used by the UK economy on average rather than by BP an additional £72bn Net Domestic Product could have been created.
