This study investigates factors affecting tourism demands in Selected OIC Countries for the period of 2004 to 2016. The economic variables used in this study are tourist receipts, GDP per capita, real exchange rate, population, Trade openness and Consumer Price Index. GLS method is applied in the research model in order to investigate the relationship between tourist receipts, GDP per capita, r...

This paper studies the apparent inconsistency between the evolution of GDP per capita and real wages in pre-industrial Europe. We show that these two measures will diverge when any of the three following factors are present: changes in income distribution, changes in labour supply per capita and changes in relative prices. We propose a methodology for measuring the effects of these three factor...

T he pace and scale of China’s economic transformation have no historical precedent. In 1978, China was one of the poorest countries in the world. The real per capita GDP in China was only one-fortieth of the U.S. level and one-tenth the Brazilian level. Since then, China’s real per capita GDP has grown at an average rate exceeding 8 percent per year. As a result, China’s real per capita GDP is...

GDP per capita is often used by economists to measure the standard of living people in each country. This paper analyzes some indicators affecting level capita, including average labor productivity, percentage trained workers working age, unemployment rate force increase investment whole society. With application Bayesian linear regression analysis method, results show that factor age has highe...

This paper investigates the relationship between foreign aid and growth in per capita GDP using annual data from the 1960 to 1997 period for a sample of 71 aid-receiving developing economies. The results show that the effect of foreign aid on economic growth is positive, permanent, statistically significant, and sizable: raising foreign aid by $20 per person of the receiving country results in ...

T his paper examines the effect of factors on the development of commercial banking in Iraq. Seven factors used as determinates for financial depth which are per capita GDP, inflation rate, government budget deficit, share of state-owned banks of total assets as proxy of financial repression, oil sector domination, international trade openness and political stability as explanatory v...

National IQs assessed by the Progressive Matrices were calculated for 60 nations and examined in relation to per capita incomes in the late 1990s and to post World War Two rates of economic growth. It was found that national IQs are correlated at 0.757 with real GDP (Gross Domestic Product) per capita 1998 and 0.706 with per capita GNP (Gross National Product) 1998; and at 0.605 with the growth...