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Untitled - HKU Libraries - The University of Hong Kong

Untitled - HKU Libraries - The University of Hong Kong

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FIGURE 4.5:ANNUAL GDP GROWTH PER CAPITAPercent growth per year10%moving awra@«8%6%4%2%0%\ \ l \ l l l82 84 88 68 70 72 74 76 78 80 82 84 88 88in4.3.3For the purpose <strong>of</strong> CTS-2, growth in GDP per employed worker is a measure ochanges in labour costs, whilst growth in GDP/household is a measure <strong>of</strong> change;in income levels. Table 4.7 shows the annual growth rates <strong>of</strong> GDP, GDP/headGDP/household and GDP/employed worker for the period 1976 to 1986, and theannual growth rates for these variables. Over the period 1981-86, the growth oGDP in real terms slowed down, attributable at least in part to the slow down in th

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