South Warwickshire Local Plan

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ID sylw: 48749

Derbyniwyd: 18/07/2012

Ymatebydd: Mrs Vivien Bryer

Crynodeb o'r Gynrychiolaeth:

The econometrical forecasting model is using out of date data and this needs to be reviewed to see what impact this may have on growth implications.

Testun llawn:

I note that the IMF has lowered their estimate of Britain`s growth this year from 0.8% to 0.2%. Of course when Cambridge Econometrics provided you with their model the IMF`s prediction for this year was 2.5%. Paul Hunt mentioned that changing any parameter in the statistical package made a big difference to outcomes. I was wondering if you could provide me with the exact difference this factor makes.