Bibliographic record
Abstract
Economic growth at the turn of the year has been relatively weak. In the last quarter of 2002 the economy expanded by 0.4 per cent and, based on our estimates of monthly GDP, we anticipate growth of 0.3 per cent in the first quarter of this year. An important factor behind this weakness has been the poor performance of UK exports. Until recently, low export volumes were easily explained by the weakness of world trade. World trade volumes shrank throughout 2001, and have since increased only gradually. But, we estimate that the volume of world trade in goods, weighted using UK export market shares, is now close to its level at the end of 2000. In contrast, the volume of UK goods exports is currently around 7½ per cent below its peak level at the beginning of 2001. The loss of export market share was not evident until the second half of 2002 and comes after a period of remarkable stability in both the real exchange rate and export market share (chart 1). While it is possible that these observations can be attributed to temporary factors, they may instead indicate that the high level of the exchange rate since 1998, and the pressure this has put on exporters' profit margins, has left British exporters less able to cope with a sustained period of lower global demand. Data for the first two months of the year do not suggest that growth in export volumes in the first quarter of 2003 will be sufficient to regain the export market share lost towards the end of last year.
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How this classification was reachedexpand
Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.002 | 0.000 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.000 | 0.000 |
| Science and technology studies | 0.000 | 0.000 |
| Scholarly communication | 0.000 | 0.001 |
| Open science | 0.000 | 0.000 |
| Research integrity | 0.000 | 0.000 |
| Insufficient payload (model declined to judge) | 0.003 | 0.015 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; both teacher heads agree on what is shown here.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".