We analyze the effects of this freeing up of resources in a standard growth accounting framework.
Mobile apps primarily on smartphones are also driving growth, accounting for 45% of all searches on Yelp.
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Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for more than half of India's output, with only one-third of its labor force.
For example, one of the biggest growth areas for accounting firms is providing family office services to the ultra-affluent.
Smith is a London-based fund manager and many years ago co- author of Accounting for Growth.
It turns out that even after accounting for growth in the economy, these hidden costs are growing three times faster than health entitlements themselves.
If Netflix can acquire 30-40% of this market over long term, it can gain close to 5 million subscribers from Canada alone (accounting for growth in population and increase in broadband penetration).
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This is important as rapid population growth is a major factor accounting for failed states.
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Around 70% of world growth over the next few years will come from emerging markets, with China and India accounting for 40% of that growth.
As an analyst earlier in his career he called companies out for accounting practices that exaggerated growth, and was fired for doing so.
Then, investors became concerned that some of Elan's seemingly magical growth was partly the result of accounting artifice--a contention first reported by Forbes (see " Elan's Spin").
Both companies may benefit from the myriad troubles at AOL Time Warner 's (nyse: AOL - news - people ) America Online division, which is struggling with executive changes, lack of a coherent growth strategy and questions about its accounting.
Moreover, because the marquee financial statement fraud cases of the early 2000s were a significant driver of growth in white collar defense and forensic accounting practices, the decline of those kinds of cases has been duly noted in professional circles.
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With Hispanics and Asians accounting for much of the population growth, the U.S. became more diverse.
The Big Four public accounting firms all provide services to growth companies that might one day go public.
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Businesses and economies should be rewarded for profits and growth, not for creating a creative new accounting system that makes money appear out of thin air.
Developing World Oil Demand Steadily RisingEmerging markets are almost entirely the source of this increased demand, with China accounting for 41 percent of demand growth over that time period, the IEA forecast says.
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Although capital spending as a whole is shrinking, investment in office equipment such as computers has been rising fast this year, which may point to growth in service businesses such as finance, accounting and information-technology firms.
This is evidence that the company's growth and profitability are genuine, not contrived from accounting gimmickry.
Spending is the key economic driver in the United States, accounting for roughly 70% of all growth.
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In early tests researchers have stopped the growth of the most virulent human tumors, varieties accounting for 25% of cancer deaths.
Global energy needs are expected roughly to double by 2030, with India and China accounting for nearly half of the new growth in demand.
The number of Dutch citizens holding a second nationality, for instance, almost tripled to 1.2m between 1995 and 2010, with newborns accounting for a significant share of the growth.
And with innovation now accounting for more than half of productivity growth, the more technological disruption there is around the world the better it will be for every one.
If births don't add to the population, and immigration isn't the whole story, accounting for around half of net population growth, where does the rest of America's growth come from?
Foreign banks have long targeted China as a key market for future growth, but they are still niche players, accounting for less than 2% of the banking sector's total assets, according to the KPMG report.
Building inventories counts as a plus in GDP accounting, and selling them deducts from GDP growth.
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The major growth in coal came from developing economies, with China accounting for 46% of global coal demand in 2011.
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With the growth of these cloud infrastructure companies, SMBs can purchase their accounting (and any other business application) outright and install it on their rented server.
Global energy consumption is expected to increase by about 50% between now and 2035 due to population growth and increasing economic activity, with non-OECD countries accounting for 84% of this increase.
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