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Environmental Economics Dictionary

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Explore concepts and ideas by look up terms, phrases and jargon related to economics with this reference work Environmental-Economics-Dictionary.
 
Created By: Kenneth Acks

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Term of the day

Gross operating surplus

Environmental Economics DictionaryBEA Economic Analysis Dictionary
 Value derived as a residual for most industries after subtracting total intermediate inputscompensation of employees, and taxes on production and imports less subsidies  from total industry output. Gross operating surplus includes consumption of fixed capital (CFC)proprietors’ incomecorporate profits, and business current transfer payments (net). Prior to 2003, it was referred to as other value added or property-type income.
 

Popular Terms

Foreign affiliate

Personal outlays

Foreign direct investment in the United States (FDIUS)

Business sector

Own-account production

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