The data used is secondary data, in the form of annual data for 32 years. The analytical method used is the error correction model (ECM) to see the short- and long-term effects between the independent and dependent variables. The results of this study indicate that GDP per capita has a ...
While it is not a direct measure of people’s well-being, higher GDP per capita generally means that people have more resources to spend on goods and services, which can contribute to a higher quality of life. However, as Simon Kuznets himself pointed out, other factors can affect social p...
The latter means that a reduction in population reduces per capita GDP less than the effect that an increase in population has on the increase of the per capita GDP; both effects though are very small. From Table 5 we see also the value and the statistical significance of the short-run ...
log rGDP per capita 1990 0.037 −0.003 (0.024) (0.025) Statistical capacity: B −0.035 −0.007 −0.008 (0.099) (0.097) (0.098) Statistical capacity: C −0.340*** −0.261*** −0.264*** (0.069) (0.074) (0.079) Statistical capacity: D −0.426*** −0.311*** −0.315**...
The per capita disposable income of Guangdong residents was 25,956 yuan in the first half of the year, representing a year-on-year nominal increase of 4.9 percent, and grew by 4.1 percent in real terms, data from the provincial statistics bureau showed today. The per capita consumption reache...
Lhasa — The per capita disposable income of rural residents of the Tibet autonomous region has continued to see double-digit growth over the past decade, this growth rate has been ranking the highest growth in the country for seven consecutive years, regional authorities said at a news conferenc...
This study examines the co-integration relationships among the per capita GDP, per capita electricity consumption and per capita co2 emissions for India covering the period 1971 to 2006. All the data variables are non stationary in level form but are integrated of order one. Johansen's rank ...
Also shown are the GDP deflator, construed essentially as the current-price/constant- price GDP ratio, and population, used to transform GDP from level to per-capita form. As is customary in How Much Is That? the unit of observation is the calendar year. The study is noteworthy in several...
Goldman Sachs cut its 2022 growth estimate from 2% to -7%. I visualize the level of GDP thus: Figure 1:Russian GDP in billions Ch.2000Rubles (red), IMF January WEO forecast (red circle), GS forecasts of 3/3 (red square), of 2/24 (salmon square), all on a log scale. Levels for...
Further, given the fact that with UBI, the government in India can do reduce or even do away with the multiple subsidy channels and instead, consolidate all the per capita subsidy payouts into a single monthly income payout makes the idea attractive to the entire body politic. ...