[p2p-research] Economic statistics

Fri Jul 16 22:04:31 CEST 2010

Ryan,

No! I am actually trying to objectify how a U.S, pensioner (fixed income)
would compare in local economies. You actually started this line of thought
when you set certain values that could put a person in the top quintile. 

I have actually traveled enough to know about the benefit of disguising
being an American.

BTW, I'm good at asking dumb questions.

Reid

From: p2presearch-bounces at listcultures.org
[mailto:p2presearch-bounces at listcultures.org] On Behalf Of Ryan Lanham
Sent: Friday, July 16, 2010 12:55 PM
To: p2p research network
Subject: Re: [p2p-research] Economic statistics

If what you are saying is that you are looking for a cheap place to live
that has other benefits, I here a lot of people choosing Panama right now
who are American.  Americans face a lot of bias globally in politics.  I
find even wearing a Canada jacket I get treated very
differently...especially in Europe.  Worthwhile trick for the American
traveller.  For similar reasons, I know many Americans who keep an Argentine
football shirt to where when travelling through South America or Central
America.  I would imagine something similar would apply to owning a New
Zealand shirt in Asia.  

R.

On Fri, Jul 16, 2010 at 1:35 PM, Reid Cornwell <wrc at tcfir.org> wrote:

Ryan,

Thank

s for your reply. The links your provided are terrific!

As to my purpose: I am trying to determine a way to look at a fixed income
against a local economy in order to work, study, write, and be productive
without having to work for wages (be employed). Does that help? If not I'll
try to restate.

Reid

From: p2presearch-bounces at listcultures.org
[mailto:p2presearch-bounces at listcultures.org] On Behalf Of Ryan Lanham
Sent: Friday, July 16, 2010 11:58 AM
To: p2p research network
Subject: Re: [p2p-research] Economic statistics

Certainly no one in the US will fault you for using the CIA database which
is exceedingly well done and carefully maintained.  Some places and
organizations obviously blanche at the idea of the CIA.  The data and
estimates are astonishingly good...for the Cayman Islands their numbers are
often better than ours...how, I have no idea.

https://www.cia.gov/library/publications/the-world-factbook/rankorder/rankor
derguide.html

R.

On Fri, Jul 16, 2010 at 12:49 PM, Ryan Lanham <rlanham1963 at gmail.com> wrote:

Both of these are problematic in a number of ways.

Average income can be GDP/person or average wages.  I suspect you mean
average wages.  That is harder to come by for smaller nations.  Also, the
standard deviation is hugely important.  India, for instance, has high wages
for 100 million of its billion people.  But 800 million live on less than 10
dollars a day...many on less than 2 dollars a day.  Therefore you want to
understand GINI indicies.

Cost of living is normally computed by a basket and the UN has several
databases where they are present.  As a data point, it too suffers from high
variance.  London is one of the most expensive cities on earth.  But England
is not very expensive.  So too of New York City and rural Oklahoma.  

Even GINI can vary greatly. London has the highest GINI index on earth but
the UK's GINI isn't all that high.  This is true in Asia nations
especially...Africa strangely enough now has the most expensive cities on
earth for executive ratings.  Of course most Africans live on less than 2
dollars per day.  

I'd feel more comfortable giving pointers to data sets (Nationstates is very
good) if I knew how you intend to use it.  Averages don't mean that much,
I'm afraid.  I'd encourage you to consider standard deviations and
quintiles...which are much more useful.

On Fri, Jul 16, 2010 at 12:22 PM, Reid Cornwell <wrc at tcfir.org> wrote:

Does anyone know a ready resource for:

1.       Average annual incomes by country.

2.       Cost of living by country.

Thanks in advance,

Reid

____________________________________________________________________________
____________________________
W. Reid Cornwell Ph.D.
Chief Scientist, The Center for Internet Research
Director, Focus on Education Foundation
Director, Innovation Conference Series
Adjunct Professor, Colorado Mountain College
720.212.0719 (voice) 801.807.3130 (fax)
Skype: reid_cornwell

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-- 
Ryan Lanham
rlanham1963 at gmail.com
Facebook: Ryan_Lanham
P.O. Box 633
Grand Cayman, KY1-1303
Cayman Islands
(345) 916-1712

-- 
Ryan Lanham
rlanham1963 at gmail.com
Facebook: Ryan_Lanham
P.O. Box 633
Grand Cayman, KY1-1303
Cayman Islands
(345) 916-1712

_______________________________________________
p2presearch mailing list
p2presearch at listcultures.org
http://listcultures.org/mailman/listinfo/p2presearch_listcultures.org

-- 
Ryan Lanham
rlanham1963 at gmail.com
Facebook: Ryan_Lanham
P.O. Box 633
Grand Cayman, KY1-1303
Cayman Islands
(345) 916-1712

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