Why Switzerland is wealthier than Spain? Is Ireland wealthier than Sweden? We will analyse the wealth of the countries and try to understand the underlying reasons. In this sixth and last post, we finalise the assessment by combining the variables with highest correlation with GDP / capita, i.e. percentage of Continue Reading
Wealth of countries
Why some countries are wealthier than others? 5/6
Why Switzerland is wealthier than Spain? Is Ireland wealthier than Sweden? We will analyse the wealth of the countries and try to understand the underlying reasons. In this fifth post, we will analyse the composition of the employment, and how it relates to GDP / capita. We see a clear correlation Continue Reading
Why some countries are wealthier than others? 4/6
Why Switzerland is wealthier than Spain? Is Ireland wealthier than Sweden? We will analyse the wealth of the countries and try to understand the underlying reasons. In this fourth post, we will analyse the assignment of each GDP chapter to employees per country (in contraposition to the percentage of the GDP Continue Reading
Composition of GDP per country; relation with GDP per capita
Why some countries are wealthier than others? 3/6Third post: GDP composition and relation with GDP per capita In this second section, we analyse the composition of the GDP per country, and how it relates to the GDP per capita. Looking at each of the GDP chapters, we can see different relations Continue Reading
Variables to explain GDP per capita in countries
Why some countries are wealthier than others? 2/6 Second post: Variables to determine the GDP per capita In this post, we analyse variables to explain GDP per capita in countries. The variables are % employment, balance external commerce and % GDP assigned to taxes. Variable #1: % employment vs. GDP Continue Reading
Wealth of countries as GDP per capita
Why some countries are wealthier than others? 1/6First post: Scope of the analysis and definitions Firstly, wealth of countries is typically defined as the GDP per capita. We list in the file below the countries included in the analysis. There is a definition of the GDP chapters also in the Continue Reading