Economy
A New Industrial Classification of Economic Activities Was Introduced in 2003
2016-11-25 23:13  Visit:108

Output Value of Farming, Forestry, Animal Husbandry, and Fishery (First Quarter, 2012)

 

Note:
Gross output value of agriculture is obtained by first multiplying the output of each product or by product by its price, resulting in the output value of each single item. For a small number of products, annual output of which is not available or difficult to get due to the long production (growing) process involved, the output value is estimated through an indirect approach. The sum of output value of all products of farming, forestry, animal husbandry and fishery is then equal to the gross output value of agriculture. A new industrial classification of economic activities was introduced in 2003. Under the new classification, value of services to farming, forestry, animal husbandry and fishery is included in the gross output value of agriculture; the growth rate was calculated by cut-off method.

 

Comment
0