{"id":71341,"date":"2020-12-01T11:40:50","date_gmt":"2020-12-01T06:10:50","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=71341"},"modified":"2020-12-01T11:42:44","modified_gmt":"2020-12-01T06:12:44","slug":"production-method-gva","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/production-method-gva\/","title":{"rendered":"Production Method (GVA) in GDP calculation"},"content":{"rendered":"<p><span data-contrast=\"none\">This method is also called as <strong>Output Method or Value Added Method<\/strong><\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">In this model economy is divided into different industrial sector such as agriculture, fishing, mining, construction, manufacturing, trade and commerce, transport and communication etc. Then, the net value added\u00a0by each productive enterprises as well as by each industry or sector is estimated.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Net value added by all sector or industries gives Net Domestic Product(NDP). By adding\u00a0<\/span><span data-contrast=\"none\">depreciation<\/span><span data-contrast=\"none\">\u00a0into it\u00a0<\/span><span data-contrast=\"none\">GDP is got<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This method is also called as Output Method or Value Added Method\u00a0 In this model economy is divided into different industrial sector such as agriculture, fishing, mining, construction, manufacturing, trade and commerce, transport and communication etc. Then, the net value added\u00a0by each productive enterprises as well as by each industry or sector is estimated.\u00a0\u00a0 Net&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/production-method-gva\/\">Continue reading <span class=\"screen-reader-text\">Production Method (GVA) in GDP calculation<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-71341","post","type-post","status-publish","format-standard","hentry","category-public","entry"],"jetpack_featured_media_url":"","views":{"total":138,"cached_at":1612182913},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/71341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=71341"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/71341\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=71341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=71341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=71341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}