3. Forecasting
1) Macro Economic Factors
(1) Economic Growth Rate
Such like above chart, GDP will be marked at 5.2% level in 2006, also in 2007 and 2008 will be prospected to keep about 5% level. Exports and imports of goods and services are each 11.8% and 11.1% which increase comparing with that of 2005.
Evaluation of macro factors)
The GDPgrowth rate in 2006 is 5.2%, the infl
5월 1일부터 5월 31일 까지의 Total Return 을 비교
Why ?
미국, 우리나라를 비롯한 전 세계 각국에 지점을 둔 랭킹 4위의 글로벌 은행
1. GDPGrowth Rate of U.S. and Korea
GDP of U.S. 1.9% GDP of Korea 0.9%
→ Import > export (U.S.)
Demand for $ goes up (Value of $ goes up)
→ Low value of ₩ (₩/$ ↑)
Difference with Solow model
In the case of Germany, before the World War it was being reached steady state.
According to the solow model,
the more it reached steady state, the slower the capital growth is,
so it shows low economic growth rate after the World war.
However after the war, as the accumulated capital was destroyed, capital stock was out of steady state and it grew fas
Growth and Vehicle Growth
As the GDP of Philippines continues to rise, energy consumption is also increasing. Energy consumption increased from 0.731 quadrillion BTU in 1990 to 1.336 quadrillion BTU in 2005.
Energy consumption and economic growth are related each other and those can be assumed with data of air pollution.
GDP between 1990 an