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International Futures Help System

Indicators

The economic model computes several indicators of interest to many IFs users. These include global product (WGDP), global product per capita (WGDPPC), an absolute measure of the per capita GDP gap between more developed (D) and less economically developed (L) regions (NSGAPA), and a relative measure of the same gap (NSGAPR). A parameter ( nsdiv ) establishes the dividing point in thousand constant dollars between more and less developed.

eq113

eq114

eq115

eq116

In an algorithmic procedure the system also computes a ratio of the GDP per capita (MER) in the countries that by average GDP per capita make up the richest 10 percent of global population to those that populate the bottom 10 percent (NSGAPRTB).