These concepts of shared value creation and shared value consumption are currently early adopter trends, enjoying niche acceptance and having their first initial success cases.
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Shared value creation and consumption is taking this one step further: We now recognize that by ignoring externalities, especially the negative ones, we are in fact ignoring or even building barriers to other forms of value creation that in the end could help the entire societal ecosystem.
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The indicators of the production of GDP are re-valued at constant prices with the double deflation method where the value added at constant prices is the difference between the value of output and the value of intermediate consumption at constant prices.
Gross value added is calculated at the level of branches of the economy as the value of output of goods and services less the value of intermediate consumption.
Today, that value lies in the creation and consumption of information.
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Many products and services are created along supply chains that travel from idea conception to final consumption and that include value-added activities of varying degrees of labor-, physical capital-, and intellectual capital-intensity.
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All that has happened in that intervening year is that the value of spectrum in the United States has increased in value as smartphone data consumption, and it is a data network Clearwire is building, has risen exponentially.
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In tandem, governments should switch the burden of taxation from consumption to capital by reducing value-added taxes and increasing taxes on capital and wealth.
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Previous price rises, caused by weaker sterling and an increase in value-added tax, continue to chill consumption.
As HR becomes more able to value human capital investments and include them in financial statements, human capital consumption behavior will become much more transparent.
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At a very fundamental level, to the extent that they can, they should aim to control as much of the value chain as possible, from raw materials and creation through sales and consumption.
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What if Congress lowers income tax rates and imposes a consumption tax--perhaps a national sales or value added tax--to make up the difference?
The correlation between chocolate consumption and Nobels is remarkably strong, with a p-value less than 0.0001, meaning that the odds that this is due to chance are less than 1 in 10, 000.
Instead, the press has reported the findings at face value, and as if this is a study about the health benefits of reduced soda consumption.
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The growth of collaborative consumption comes from all of us seeking new ways to create profit and increase value in a globally connected society that loves to share.
If inflation is defined as a fall in the value of money then the price of future consumption matters as much as the price of goods and services consumed today.
Why delay near-term capital consumption if dollars invested and saved will, if lucky, come back reduced in value?
Reverse logistics means controlling the flow of material, inventory and finished goods from point of consumption to point of origin, for the purpose of recapturing value or proper disposal.
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Gone is the low value-added export model, and in its place is an economy increasingly dependent on its own people and their consumption.
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The inability of a bank in a 100% reserve system to lend multiples of the value of my gold places a natural and desirable limit on the demands for goods and services beyond those matching my deferred consumption.
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