On average the actual PE rate is growth neutral, and, therefore, empirical results of regression of rates of growth and share of public expenditures, or of rates of growth of public expenditures, do not show correlation.
Following our hypothesis we shall regress the rates of growth in the cross section analysis with the absolute deviation of the actual PE rate from the average or normal or growth neutral PE rate.
In the rather disappointing empirical results, which explain the rates of growth, it might be interesting to notice that the estimated empirical relation between the rates of growth and the absolute value of deviations from a normative average did not give any relation, and even the sign of the parameter was not as expected.
For the narrower set of industries, the revision produced even larger changes; differences in rates of growth between well-measured and suspect industries went from 0.14 percent per year prerevision to -0.04 percent per year postrevision.
Table: 1.--Average Annual Rates of Growth of Three Indicators by Type of Industry, 1949-1982
The high rates of growth in France, Japan and Italy may be attributable to their relatively low 1960 health expenditure base and their relatively higher GDP growth.
Given the well-established relationship between health spending and GDP, both in terms of levels and rates of growth, it is useful to examine increases in real GDP growth.
Table 2 contains the compound annual rates of growth in real per capita health spending relative to the compound annual rates of growth in real per capita GDP that are depicted graphically in Figure 4 and 5 for 1960-8m and various sub-periods.
By comparing the various rates of growth
recorded in annual rings, researchers can construct a year-by-year timeline that reveals long-term trends in precipitation rates or temperatures.
Changing the solvent's alcohol/water ratio alters the relative rates of growth
or dissolution at these ends, they found.
Species with high rates of growth
and photosynthesis, such as crop plants, tend to have larger stomal openings--and therefore greater ozone uptake--explains Reich, who is now at the University of Wisconsin in Madison.