Data on volumes and prices of consumption and investment are u s e d to compare Australian real GDP for 1990 with the other OECD countries. Australian consumption patterns, including leisure, a n d price structure are very different from most other countries a n d especially from Japan's. The Australian bundle of consumption, investment and leisure is revealed preferred to that of Japan and a n...

  This paper aimed at estimation of the per capita consumption of electricity in residential sector based on economic indicators in Iran. The Genetic Algorithm Electricity Demand Model (GAEDM) was developed based on the past data using the genetic algorithm approach (GAA). The economic indicators used during the model development include: gross domestic product (GDP) in terms of per capita and ...

This paper explores the impact of China’s local government debt on economic growth. This analysis, based on a panel of 31 provinces over 14 years, takes into account a broad range of economic growth determinants as well as various estimation issues including heteroskedascity and omitted variable. The empirical results suggest an inverse relationship between China’s local government debt and eco...

The World Bank recently released a study, marking the tenth anniversary of the NAFTA agreement that focused on the agreement's impact on Mexico's development. This study included a widely cited section that tested the effect that NAFTA had on Mexico's per capita GDP growth. The test used in the study found that NAFTA increased Mexico's per capita GDP by an extra 4-5 percentage points by the end...

Introduction GDP per capita is by far the most popular measure of international levels of development. It is fairly well understood and widely available across countries and time. But it is also recognized that GDP per capita is an imperfect proxy for important factors such as health, education and well-being. An alternative approach has been to work directly with the variables of concern, as i...

The aim of this paper is to measure the effect of the interaction between age for the population of males and females aged 18 to 74 and region-level GDP per capita on labour market transition probabilities in Italy. We compare different occupational states in a sample of males and females who remained in their region of residence at two points in time (12 months apart). We estimate the transiti...