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Abstract Cuban dollar GDP per capita in 1980 is estimated using different variants of the physical indicators (PI) method. Three variants are discussed and analyzed: rudimentary PI, elaborated PI, and factor analysis PI. The iterative procedure suggested by the elaborated PI method is found to produce anomalous empirical results and to lack ...
Gitanjali Joglekar, Andrew Zimbalist
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Interpreting COVID-19 Deaths Through GDP per Capita
John Heinrichs Scholarly & Creative Activities Day, 2023COVID-19, also known as coronavirus disease of 2019, is a virus that was first discovered in December of 2019. Symptoms of COVID-19 feel much like the flu, a cold, and pneumonia. In this report we analyzed how a country's gross domestic product per capita (gdppc) affects COVID-19 deaths. Along with gdppc we included other variables that may have had an
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Simpson’s paradox in GDP and per capita GDP growths
Empirical Economics, 2015Simpson’s paradox occurs frequently in economic data analysis, wherein aggregation is a common practice. Yet, this paradox is not well known among researchers in economy. In this article, we present several real-world examples of Simpson’s paradox in economic statistics, including gross domestic product (GDP) growth and per capita GDP growth ...
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