Chapter

THE FACTS
TO BE
EXPLAINED

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

Table 1.1 Top Eleven Countries in Year 2009

According to Three Different Measures

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-2

Figure 1.1 The Parade of World Income

Source: Heston, Summers, and Aten (2011).

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-3

Figure 1.2 GDP per Capita in the

United States, 18702009

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-4

Figure 1.3 The Effect of Using a Ratio Scale

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-5

Figure 1.4 GDP per Capita in the United

States, 18702009 (Ratio Scale)

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-6

Figure 1.5 GDP per Capita in the United

States, the United Kingdom, and Japan,
18702009

Sources: Maddison (1995), Heston, Summers, And Aten (2011).

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-7

Figure 1.6 The Distribution of Growth Rates,

19752009

Source: Heston, Summers, and Aten (2011).

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-8

Figure 1.7 GDP per Capita by Country Group,

18202008

Sources: Maddison (2008), Heston, Summers, and Aten (2011).

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-9

Figure 1.8 World Inequality and Its

Components, 18201992

Source: Bourguignon and Morrison (2002).

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-10

Chapter 1
Appendix:
Measuring and
Comparing GDP
Using Purchasing
Power Parity

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-11

Table 1.2 Production and Prices in Richland

and Poorland

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-12

Table 1.3 The Effect of Using PPP on

Comparisons of GDP

Copyright 2013 Pearson Education, Inc. Publishing as Addison-Wesley

1-13