Statistical Terms Glossary

See stockholders' equity.

The ownership of a unit or a group of units is related to the property of its assets and determines the distribution of financial flows and income. If a unit or group of units is owned by shareholders, its ownership is vested in the shareholders collectively and can be seen as diffused among the legal units that own its shares in proportion to their shareholdings, and independently of voting rights.

See Concentration

The person who performed any activity to produce goods or provide services for own final consumption or for his family consumption, including producing or processing for storage agricultural, fishing, hunting and gathering products, and manufacturing household goods (clothing, food, and furniture) .

Form of work comprising production of goods and services for own final use (an unpaid form of work).

These are conventional polyolefin plastics that contain small amounts of metal salts which catalyse the degradation process under favourable conditions.

Ozone (03) is a pungent, colourless, toxic gas that contains three atoms of oxygen in each molecule. It occurs naturally at a concentration of about 0.01 parts per million (p.p.m.) of air. Levels of 0.1 p.p.m. are considered to be toxic.

The aggregate measure of the ozone layer depleting potential of some substances, calculated through the conversion factor of halogenated hydrocarbons that contribute to the depletion of the ozone layer into CFC -11 equivalent.

Ozone depletion is the destruction of ozone in the stratosphere, where it shields the earth from harmful ultraviolet radiation. Its destruction is caused by chemical reactions in which oxides of hydrogen, nitrogen, chlorine and bromine act as catalysts

The ozone hole is the seasonal decrease in the total ozone column, 15—20 kilometres above the Antarctic

See Ozonosphere

See Protection of climate and the ozone layer

The ozonosphere is the lower region of the stratosphere, 15—25 kilometres above the earth’s surface, in which there is an appreciable ozone concentration. It is also termed the ozone layer

A test that may be used under the axiomatic approach and that requires the price index to lie between the Laspeyres price index and the Paasche price index.

A basket index in which the basket is composed of the actual quantities of goods and services in the later of the two periods compared. The later period serves as the weight reference period and the earlier period as the price reference period. The Paasche index can also be expressed as a weighted harmonic average of the price relatives that uses the actual expenditure shares in the later period as weights.

A PPP for a basic heading or an aggregate between two countries, country B and country A, where the reference country is country A and the weights are those of country B.

A Paasche volume index is the harmonic average of volume relatives using the values of the later period as weights

The ratio of an index using the weights of the partner country to an index using the weights of the base country in a binary comparison. The ratio of the Paasche type index to the Laspeyres type index in a binary comparison.

The Pacific beef market refers to beef trade between countries in the Pacific Rim where foot and mouth disease is not endemic.

Proposal that includes several issues, not necessarily related, which has to be accepted or rejected as a whole.

A loan which is administered by a national development bank or similar organization on behalf of IFC. The development bank subdivides the loan into several smaller loans which it lends to SSMEs. It is not profitable for IFC to manage these small loans directly.

See Bundling

Package tours are complex products offered to the visitors, combining a variety of elementary tourism products, such as transport, accommodation, food services and recreation.