Intensive Coefficient

The intensive coefficient is indicators that are used to assess changes in certain parameters over time. These indicators allow you to determine how quickly or slowly the values ​​of these parameters change. The purpose of using the intensive coefficient is to determine trends and patterns in the dynamics of changes in factors affecting the indicator in question. More specifically, the intensive coefficient in economics refers to the relative change in an indicator (for example, the unemployment rate) over a certain period compared to the previous period, measured in percentage or ppm.

One of the most popular intensive indicators is the economic growth index. This indicator determines by what percentage the volume of production of one or more types of goods and services increased or decreased compared to the previous period or to one or more fixed bases