Economic Models Sample Clauses

Economic Models. Many states integrated their statewide travel demand models with economic models that forecast socioeconomic variables (NASEM, 2017). These integrated economic models allow states to test how demographic and socioeconomic growth scenarios impact statewide travel demand. For example, the integrated economic models can predict the interdependencies between industries and population. Growth of a specific industry in a state can stimulate the growth of other industries, leading to overall employment and population growth in the state. Feeding the economic and population projection into travel demand models can then help the states foresee potential impacts on the transportation systems.
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Economic Models. Economic analysis was undertaken using three economic models capable of predicting changes in employment and economic activity at different wood supply levels. It should be noted that these models will only provide an indication of the possible effects of changes to wood supply. Actual outcomes may differ, as decisions will reflect the full range of factors on which commercial decisions are based. Wood Volumes In the South Coast sub-region, the existing State forest tenure could provide a deliverable volume of 70,000 cubic metres of large high quality sawlogs annually for the first 20 years, and then between 42,500 cubic metres and 65,500 cubic metres (averaging 56,000 cubic metres) of large high quality sawlogs annually from 20 to 200 years. In the Tumut sub-region, the existing State Forest tenure could provide 49,500 cubic metres of large high quality sawlogs annually for 200 years. Hardwood and softwood plantations There are approximately 180,000 hectares of exotic softwood plantations in the Southern CRA region, of which 48,000 hectares are privately owned. The balance is State-owned and managed by State Forests of New South Wales. Pinus radiata accounts for over 98 per cent of the plantation area. There are only about 40 hectares of hardwood plantation on State forest in the region, and no private hardwood plantations greater than 10 hectares. A CRA study of plantation potential of cleared private land in the Southern region found there are approximately 431,000 hectares 1 Due to a number of factors, including the opening of a new mill during 1998/99, actual wood volumes processed for 1998/99 were below committed levels. It is estimated that, had the committed timber been fully utilised, as would be expected in a normal year, the gross value of output for the public crown hardwood timber industry would be approximately $7.3 million with direct total employment of 83 people. capable of growing Pinus radiata, rated at medium or high productivity. Economic analysis indicated 163,000 hectares would also be economically suitable (as compared to current land use) for softwood plantation establishment. While approximately 100,000 hectares were identified as of medium or high productivity for hardwood plantation establishment, only 1,300 hectares were assessed as being economically suitable under the most optimistic scenario. Thirty thousand hectares of softwood plantations are expected to be established in the Tumut area over the next 10 years to support a ...

Related to Economic Models

  • Economic Equivalence (a) So long as any Exchangeable Shares not owned by Parent or its Subsidiaries are outstanding:

  • Economic Uniformity (A) At the election of the General Partner with respect to any taxable period ending upon, or after, the termination of the Subordination Period, all or a portion of the remaining items of Partnership income or gain for such taxable period, after taking into account allocations pursuant to Section 6.1(d)(iii), shall be allocated 100% to each Partner holding Subordinated Units that are Outstanding as of the termination of the Subordination Period (“Final Subordinated Units”) in the proportion of the number of Final Subordinated Units held by such Partner to the total number of Final Subordinated Units then Outstanding, until each such Partner has been allocated an amount of income or gain that increases the Capital Account maintained with respect to such Final Subordinated Units to an amount equal to the product of (A) the number of Final Subordinated Units held by such Partner and (B) the Per Unit Capital Amount for a Common Unit. The purpose of this allocation is to establish uniformity between the Capital Accounts underlying Final Subordinated Units and the Capital Accounts underlying Common Units held by Persons other than the General Partner and its Affiliates immediately prior to the conversion of such Final Subordinated Units into Common Units. This allocation method for establishing such economic uniformity will be available to the General Partner only if the method for allocating the Capital Account maintained with respect to the Subordinated Units between the transferred and retained Subordinated Units pursuant to Section 5.5(c)(ii) does not otherwise provide such economic uniformity to the Final Subordinated Units.

  • Economic Risk The Purchaser realizes that the purchase of the ------------- Stock will be a highly speculative investment and involves a high degree of risk, and the Purchaser is able, without impairing financial condition, to hold the Stock for an indefinite period of time and to suffer a complete loss on the Purchaser's investment.

  • Economic Price Adjustment is the adjustment to the Aircraft Basic Price (Base Airframe, Engine and Special Features) as calculated pursuant to Exhibit D.

  • Cooperation with Economic Studies If ICANN initiates or commissions an economic study on the impact or functioning of new generic top-­‐level domains on the Internet, the DNS or related matters, Registry Operator shall reasonably cooperate with such study, including by delivering to ICANN or its designee conducting such study all data related to the operation of the TLD reasonably necessary for the purposes of such study requested by ICANN or its designee, provided, that Registry Operator may withhold (a) any internal analyses or evaluations prepared by Registry Operator with respect to such data and (b) any data to the extent that the delivery of such data would be in violation of applicable law. Any data delivered to ICANN or its designee pursuant to this Section 2.15 that is appropriately marked as confidential (as required by Section 7.15) shall be treated as Confidential Information of Registry Operator in accordance with Section 7.15, provided that, if ICANN aggregates and makes anonymous such data, ICANN or its designee may disclose such data to any third party. Following completion of an economic study for which Registry Operator has provided data, ICANN will destroy all data provided by Registry Operator that has not been aggregated and made anonymous.

  • Economics The Parties shall facilitate the process of economic reform and the coordination of economic policies by cooperating to improve understanding of the fundamentals of their respective economies and the design and implementation of economic policy in market economies. To this end the Parties shall exchange information on macro economic performance and prospects. The Community shall provide technical assistance so as to: - Assist Ukraine in the process of economic reform by providing expert advisory and technical assistance, - Encourage co-operation among economists in order to expedite the transfer of know-how for the drafting of economic policies, and provide for wide dissemination of policy-relevant research.

  • Purchaser Bears Economic Risk The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

  • Menu of Labour Adjustment Strategies Where a work force reduction is necessary, the following labour adjustment strategies will be considered, as applicable.

  • Multi-year Planning Targets Schedule A may reflect an allocation for the first Funding Year of this Agreement as well as planning targets for up to two additional years, consistent with the term of this Agreement. In such an event, the HSP acknowledges that if it is provided with planning targets, these targets:

  • Ability to Bear Economic Risk Each Purchaser acknowledges that investment in the Securities involves a high degree of risk, and represents that it is able, without materially impairing its financial condition, to hold the Securities for an indefinite period of time and to suffer a complete loss of its investment.

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