Skip to content

Main content

Expenditure Share Good Tool

Compute one good's expenditure share from an explicit compatible expenditure total.

Loading tool…

Description

Require goodExpenditure within positive totalExpenditure and divide for share.

An economic model term depends on the chosen price basis, quantities, reference period, and behavioral assumptions. A supplied arithmetic component does not establish a causal economic effect or a complete model equilibrium.

Require goodExpenditure within positive totalExpenditure and divide for share.

When to use this tool

Use Expenditure Share Good when you need one explicitly defined economic accounting or model component.

How to use the tool and how it works

  1. Enter goodExpenditure, totalExpenditure. Use the units and conventions below.
  2. Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
  3. Read share. Use the output convention below.

Require goodExpenditure within positive totalExpenditure and divide for share.1

Input fieldMeaning and unitsAccepted input
goodExpenditureGood ExpenditureRequired. Finite number; minimum 0.
totalExpenditureTotal ExpenditureRequired. Finite number; strictly above 0.
Output fieldInterpretationReturned shape
shareDimensionless share on the denominator basis stated above.Required. Finite number.
json
{
  "input": {
    "goodExpenditure": 30,
    "totalExpenditure": 120
  },
  "output": {
    "share": 0.25
  }
}

Limitations and assumptions

  • The period, currency, and coverage must agree; spending categories, household need, welfare, and affordability are not inferred.
  • Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
  • Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.

Alternative or Complementary methods

Review the complete model, data definitions, and reference prices before interpreting the result.

References

  1. Calculation and input contract: economics/expenditure-share-good — tool.io

Similar or alternative tools