Batatais is a municipality in the state of São Paulo in Brazil .
50-457: The settlement became a town and an independent municipality on March 14, 1839, when it was separated from Franca . It became a city in 1875. Washington Luís , president of Brazil around 1929, was the city mayor in 1899. The city has an area of 850 km (328 sq mi). The elevation is 862 m. The city is in Brazil's sugarcane belt. In 2020 the population is about 62,980. The population
100-509: A base year. The result would be that the GDP in 2000 equals $ 300 million × 1 ⁄ 2 = $ 150 million , in 1990 monetary terms. We would see that the country's GDP had realistically increased 50 percent over that period, not 200 percent, as it might appear from the raw GDP data. The GDP adjusted for changes in money value in this way is called the real GDP . The factor used to convert GDP from current to constant values in this way
150-518: A country becomes increasingly in debt, and spends large amounts of income servicing this debt this will be reflected in a decreased GNI but not a decreased GDP. Similarly, if a country sells off its resources to entities outside their country this will also be reflected over time in decreased GNI, but not decreased GDP. This would make the use of GDP more attractive for politicians in countries with increasing national debt and decreasing assets. Gross national income (GNI) equals GDP plus income receipts from
200-521: A country's borders, but by an enterprise owned by somebody outside the country, counts as part of its GDP but not its GNI; on the other hand, production by an enterprise located outside the country, but owned by one of its citizens, counts as part of its GNI but not its GDP. For example, the GNI of the US is the value of output produced by American-owned firms, regardless of where the firms are located. Similarly, if
250-650: A country's citizens at home and abroad rather than its "resident institutional units" (see OECD definition above). The switch from GNP to GDP in the United States occurred in 1991. The role that measurements of GDP played in World War II was crucial to the subsequent political acceptance of GDP values as indicators of national development and progress. A crucial role was played here by the U.S. Department of Commerce under Milton Gilbert where ideas from Kuznets were embedded into institutions . The history of
300-406: A country's production has increased (or decreased, if the growth rate is negative) compared to the previous year, typically expressed as percentage change . The economic growth can be expressed as real GDP growth rate or real GDP per capita growth rate . GDP can be adjusted for population growth, also called Per-capita GDP or GDP per person . This measures the average production of a person in
350-557: A diverse industrial sector, including production in metal, furniture, food, and beverages. Franca is also located in the Alta Mogiana region, known for its coffee production due to the abundance of fertile soil and a favorable climate for cultivation. The city has also had a long-standing jewelry and diamond industry, making it one of Brazil's prominent diamond-cutting centers. In 2021, the estimated Gross domestic product (GDP) of Franca reached R$ 11.28 billion. The GDP per capita
400-467: Is US$ 5,040,107.75 (in a million). Predictably, as a developed country, Japan has a higher GNI (by 182,779.46, in millions of USD), which is indicative that the production level in the country is higher than that of national production. On the other hand, the case with Armenia is the opposite, with GDP being lower than GNI by US$ 196.12 (in million). This demonstrates that countries receive investments and foreign aid from abroad. The Total income divided by
450-425: Is also sometimes expressed as: The third way to estimate GDP is to calculate the sum of the final uses of goods and services (all uses except intermediate consumption) measured in purchasers' prices. Market goods that are produced are purchased by someone. In the case where a good is produced and unsold, the standard accounting convention is that the producer has bought the good from themselves. Therefore, measuring
500-838: Is calculated this way it is sometimes called gross domestic income (GDI), or GDP (I). GDI should provide the same amount as the expenditure method described later. By definition, GDI is equal to GDP. In practice, however, measurement errors will make the two figures slightly off when reported by national statistical agencies. This method measures GDP by adding incomes that firms pay households for factors of production they hire – wages for labour, interest for capital, rent for land and profits for entrepreneurship. The US "National Income and Product Accounts" divide incomes into five categories: These five income components sum to net domestic income at factor cost. Two adjustments must be made to get GDP: Total income can be subdivided according to various schemes, leading to various formulae for GDP measured by
550-474: Is called the GDP deflator . Unlike consumer price index , which measures inflation or deflation in the price of household consumer goods, the GDP deflator measures changes in the prices of all domestically produced goods and services in an economy including investment goods and government services, as well as household consumption goods. Real GDP can be used to calculate the GDP growth rate, which indicates how much
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#1732791776947600-473: Is contributed at each stage of production. This approach mirrors the OECD (Organisation for Economic Co-operation and Development) definition given above. Gross value added = gross value of output – value of intermediate consumption. Value of output = value of the total sales of goods and services plus the value of changes in the inventory. The sum of the gross value added in the various economic activities
650-404: Is known as "GDP at factor cost". GDP at factor cost plus indirect taxes less subsidies on products = "GDP at producer price". For measuring the output of domestic product, economic activities (i.e. industries) are classified into various sectors. After classifying economic activities, the output of each sector is calculated by any of the following two methods: The value of output of all sectors
700-405: Is located in the northeastern portion of the state, distant 401 km (249 mi) from the state capital São Paulo , and 676 km (420 mi) from Brasilia . It covers a total area of 605,679 km of which 86,92 km comprises the urban area. As of the 2022 Census, the city's population was 352,537. It is recognized as the "National Capital of Footwear" and "National Basketball Capital" in Brazil, serving as
750-425: Is mostly formed by Italian-Brazilians . There is commemorated the "San Gennaro Party" that is an example of culture predominance. There are at least four theories for the meaning of the name "Batatais": This geographical article relating to the state of São Paulo is a stub . You can help Misplaced Pages by expanding it . Franca Franca is a municipality in the state of São Paulo , Brazil. The city
800-551: Is often used as a metric for international comparisons as well as a broad measure of economic progress . It is often considered to be the world's most powerful statistical indicator of national development and progress. However, critics of the growth imperative often argue that GDP measures were never intended to measure progress, and leave out key other externalities , such as resource extraction , environmental impact and unpaid domestic work . Alternative economic indicators such as doughnut economics use other measures, such as
850-480: Is often used to measure the economic health of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund . The ratio of GDP to the total population of the region is the GDP per capita and can approximate a concept of a standard of living . Nominal GDP does not reflect differences in
900-587: Is that GDP defines its scope according to location, while GNI defines its scope according to ownership. In a global context, world GDP and world GNI are, therefore, equivalent terms. GDP is a product produced within a country's borders; GNI is product produced by enterprises owned by a country's citizens. The two would be the same if all of the productive enterprises in a country were owned by its own citizens and those citizens did not own productive enterprises in any other countries. In practice, however, foreign ownership makes GDP and GNI non-identical. Production within
950-453: Is then added to get the gross value of output at factor cost. Subtracting each sector's intermediate consumption from gross output value gives the GVA (=GDP) at factor cost. Adding indirect tax minus subsidies to GVA (GDP) at factor cost gives the "GVA (GDP) at producer prices". The second way of estimating GDP is to use "the sum of primary incomes distributed by resident producer units". If GDP
1000-617: The Human Development Index or Better Life Index , as better approaches to measuring the effect of the economy on human development and well being . William Petty came up with a concept of GDP, to calculate the tax burden , and argue landlords were unfairly taxed during warfare between the Dutch and the English between 1652 and 1674. Charles Davenant developed the method further in 1695. The modern concept of GDP
1050-410: The cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. GDP
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#17327917769471100-575: The 2022 census, Franca had a population density of 582.05 inhabitants per square kilometer (1,507.5/sq mi). The municipality belongs to the Immediate Geographic Region of Franca , which encompasses 10 other municipalities with a combined population of 420,000 as of 2017. The region is part of the Intermediate Geographic Region of Ribeirão Preto . In 2010, the Human Development Index (HDI) for Franca
1150-769: The XIX and XX centuries, many italian immigrants settled in Franca, and the first shoe factory emerged in the late 1920s. Franca took part in the Constitutionalist Revolution of 1932 , losing six residents who fought to death for São Paulo. Franca is one of the largest footwear producers in Brazil and Latin America, home to thousands of medium and large industries, including those focused on footwear component production and design centers that train new professionals for domestic and international careers. It hosts
1200-427: The accounting year. ) So for example if a car manufacturer buys auto parts , assembles the car and sells it, only the final car sold is counted towards the GDP. Meanwhile, if a person buys replacement auto parts to install them on their car, those are counted towards the GDP. According to the U.S. Bureau of Economic Analysis, which is responsible for calculating the national accounts in the United States, "In general,
1250-445: The center of a path of land, wide and rounded, on each side. bathed by a small stream. At the time of my voyage, there were only about fifty houses there, but the sites for the construction of a large number of them were already marked, and it was easy to see that Franca would not take long to acquire greatness. The parish of Franca was founded on December 03, 1805, being part of the territory of Vila de Mogi Mirim until 1824, when it
1300-461: The city and the surrounding area. The municipality is traversed by various waterways, including the Rio das Canoas, Rio Pouso Alegre, Rio São João, and Ribeirão Salgado. Franca has a tropical savanna climate (Aw), with milder temperatures due to its elevation. The city experiences dry winters, rainy summers, and moderate temperatures year-round. Prior to the current climate classification (1961-1990), it
1350-540: The concept of GDP should be distinguished from the history of changes in many ways of estimating it. The value added by firms is relatively easy to calculate from their accounts, but the value added by the public sector , by financial industries, and by intangible asset creation is more complex. These activities are increasingly important in developed economies, and the international conventions governing their estimation and their inclusion or exclusion in GDP regularly change in an attempt to keep up with industrial advances. In
1400-401: The country. GDP per capita is often used as an indicator of living standards. The major advantage of GDP per capita as an indicator of the standard of living is that it is measured frequently, widely, and consistently. It is measured frequently in that most countries provide information on GDP every quarter, allowing trends to be seen quickly. It is measured widely in that some measure of GDP
1450-500: The entourages travelling along the way from São Paulo to Goiás , in search of gold. The settlement where the city is now located was formerly known as Pouso dos Bagres (stop of the catfishes). In 1819, Franca was visited by French naturalist Auguste de Saint-Hilaire who dedicated the following message: "The village of Franca, where I landed, is pleasantly in the midst of vast pastures, in an uncovered region, sown by bushes and cut by deep valleys. This charming village occupies
1500-553: The income approach. A common one is: The sum of COE , GOS and GMI is called total factor income; it is the income of all of the factors of production in society. It measures the value of GDP at factor (basic) prices. The difference between basic prices and final prices (those used in the expenditure calculation) is the total taxes and subsidies that the government has levied or paid on that production. So adding taxes less subsidies on production and imports converts GDP(I) at factor cost to GDP(I) at final prices. Total factor income
1550-473: The industrial and economic hub for a region of 19 municipalities, with a combined population of 672,053, between the states of São Paulo and Minas Gerais . In 2018, the city was ranked as the fifth best place to live in Brazil, and in 2023, as the sixth safest medium sized city in the country. It has also maintained its position as one of the Brazilian cities with the best urban sanitation ratios. Franca
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1600-443: The information required (especially information on expenditure and production by governments). The raw GDP figure as given by the equations above is called the nominal, historical, or current GDP. When one compares GDP figures from one year to another, it is desirable to compensate for changes in the value of money—for the effects of inflation or deflation. To make it more meaningful for year-to-year comparisons, it may be multiplied by
1650-463: The population is the Per capita income . The international standard for measuring GDP is contained in the book System of National Accounts (2008), which was prepared by representatives of the International Monetary Fund , European Union , Organisation for Economic Co-operation and Development , United Nations and World Bank . The publication is normally referred to as SNA2008 to distinguish it from
1700-399: The population was 63.98% White, 28.26% Mixed-race (Pardo), and 7.48% Black. Asian individuals made up 0.22%, while Indigenous individuals accounted for 0.07%. Gross domestic product Gross domestic product ( GDP ) is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP
1750-430: The previous edition published in 1993 (SNA93) or 1968 (called SNA68) SNA2008 provides a set of rules and procedures for the measurement of national accounts. The standards are designed to be flexible, to allow for differences in local statistical needs and conditions. Within each country GDP is normally measured by a national government statistical agency, as private sector organizations normally do not have access to
1800-512: The products must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying things. The income approach works on the principle that the incomes of the productive factors ("producers", colloquially) must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes. Also known as the Value Added Approach, it calculates how much value
1850-445: The ratio between the value of money in the year the GDP was measured and the value of money in a base year. For example, suppose a country's GDP in 1990 was $ 100 million and its GDP in 2000 was $ 300 million . Suppose also that inflation had halved the value of its currency over that period. To meaningfully compare its GDP in 2000 to its GDP in 1990, we could multiply the GDP in 2000 by one-half, to make it relative to 1990 as
1900-587: The rest of the world minus income payments to the rest of the world. In 1991, the United States switched from using GNP to using GDP as its primary measure of production. The relationship between United States GDP and GNP is shown in table 1.7.5 of the National Income and Product Accounts . Another example that amplifies the difference between GDP and GNI is the comparison of developed and developing country indicators. The GDP of Japan for 2020
1950-408: The same result. They are the production (or output or value added) approach, the income approach, and the speculated expenditure approach. It is representative of the total output and income within an economy. The most direct of the three is the production approach, which sums up the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of
2000-401: The source data for the expenditures components are considered more reliable than those for the income components [see income method, above]." Encyclopedia Britannica records an alternate way of measuring exports minus imports: notating it as the single variable NX. GDP can be contrasted with gross national product (GNP) or, as it is now known, gross national income (GNI). The difference
2050-536: The total expenditure used to buy things is a way of measuring production. This is known as the expenditure method of calculating GDP. GDP (Y) is the sum of consumption (C) , investment (I) , government expenditures (G) and net exports (X − M) . Here is a description of each GDP component: C , I , and G are expenditures on final goods and services; expenditures on intermediate goods and services do not count. (Intermediate goods and services are those used by businesses to produce other goods and services within
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2100-473: The words of one academic economist, "The actual number for GDP is, therefore, the product of a vast patchwork of statistics and a complicated set of processes carried out on the raw data to fit them to the conceptual framework." China officially adopted GDP in 1993 as its indicator of economic performance. Previously, China had relied on a Marxist-inspired national accounting system. GDP can be determined in three ways, all of which should, theoretically, give
2150-523: Was emancipated by João VI and named Vila Franca do Imperador in honor of the Emperor Pedro I of Brazil . It received the status of city on April 24, 1856. Around 1890, Franca was served by the Estrada de Ferro Mogiana , however, the railroad branch was deactivated after the construction of a new branch connecting Ribeirão Preto to Uberaba . Due to the expansion of coffee production between
2200-495: Was 0.780, placing it in the high human development category. Among its components, the HDI-M for income was 0.755, longevity was 0.800, and education was 0.906. By 2011, the majority of residents lived in urban areas, totaling 315,355, while 5,657 lived in rural zones. The school enrollment rate for children between 6 and 14 years old was 98.2%. The life expectancy was 73.03 years with a literacy rate of 96.37%. The fertility rate
2250-441: Was 2.26 children per woman. The infant mortality rate was 12.66 per 1,000 live births, equivalent to 1.26%. As of the census of 2022, the infant mortality rate stood at 7.09 per 1,000 live births, while hospitalizations for diarrhea reached 6.2 per 1,000 residents. In 2011, the racial and ethnic composition consisted of 69.15% White , 23.84% Mixed-race (Pardo), 6.30% Black , 0.58% Asian , and 0.12% Indigenous . As of 2022,
2300-406: Was R$ 31,450.10, while external revenue, including federal and state transfers, accounted for 58.65% of total revenue in 2023. The average monthly earnings of formal workers in 2022 were 2.1 times the value of the national minimum wage in Brazil. The city is served by Ten. Lund Presotto Airport . The railway system in the city ceased operations in 1980, and its train station, first opened in 1887,
2350-475: Was classified as having a humid subtropical climate (Cwa). The lowest recorded temperature was 0 °C on July 5, 1953, and the highest temperature was 37.8 °C on October 15, 2014. Occurrence of rain is high and it is one of the rainiest cities in the State of São Paulo. The highest recorded rainfall reached 146 millimeters on March 28, 1931, and recently, 133.7 millimeters was recorded on November 21, 2018. As of
2400-493: Was first developed by Simon Kuznets for a 1934 U.S. Congress report, where he warned against its use as a measure of welfare (see below under limitations and criticisms ). After the Bretton Woods Conference in 1944, GDP became the main tool for measuring a country's economy. At that time gross national product (GNP) was the preferred estimate, which differed from GDP in that it measured production by
2450-406: Was founded as a parish in 1805, initially part of Mogi Mirim until 1824. Its city status was granted in 1856. The history of Franca begins with the bandeiras of Bartolomeu Bueno da Silva (The Anhanguera) in the 18th century. During the opening of the route known as "Caminho de Goiás" (route to Goiás), new settlements were established along the route to serve as resting / stopping points for
2500-564: Was officially closed in 1983. Franca is located in the northeastern region of the state of São Paulo, the fifth highest municipality in the state with an altitude of 1,040 m above the sea level. The territory of Franca is covered by sandy soils dominated by the sandstones of Bauru , and Botucatu . Vegetation is dominated by grasses, and the forests are restricted to mountainous slopes. The municipality of Franca borders Batatais , Cristais Paulista , Patrocínio Paulista , Ibiraci and Claraval . The basin of Rio Canoas provide water for
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