Analyzing Quantitative Data in Comparative Politics

Slides:



Advertisements
Similar presentations
Indicators of ECONOMIC and SOCIAL Well Being. Key Idea 4.
Advertisements

ECO120 Macroeconomics Rod Duncan Lecture 3- Measuring GDP.
Lucas (1988) “By the problem of development I mean simply the problem of accounting for the observed pattern, across countries and across time, in levels.
Copyright 2006 – Biz/ed Indicators of Economic Development.
MEASURING AGGREGATE ECONOMIC ACTIVITY
STUDENT NOTES 1 INTRODUCTION TO COMPARATIVE POLITICS.
CHAPTER 2.4 Gross Domestic Product. Most economists view the country like one big business They measure the success of this business through gross domestic.
Concept of Development
Economic Systems Different Approaches to Economics in Comparative Government & Politics.
Development and health
Elections and Public Policy. Electoral systems  Electoral systems are the rules that decide how votes are cast  Some countries use a first-past-the-post.
Measuring a Nation’s Income
Copyright 2006 – Biz/ed Indicators of Economic Development.
Chapter Measuring a Nation’s Income 10. The Economy’s Income and Expenditure Gross Domestic Product (GDP) – Measures the total income of everyone in the.
“Democracy is the worst form of government except for all the others.” Winston Churchill “When the people fear the government there is tyranny. When the.
Less Developed Countries Charles Hauss. Comparative Politics.
Copyright 2005 – Biz/ed Indicators of Economic Development.
Measuring Development. GDP Gross Domestic Product Value of total output of goods and services within a country in a year- p.276 PER CAPITA MDCs - $30,000.
Introduction Land area and population Income Income per capita International trade The balance of payments Dynamics and globalization Trade connections.
International Business Environments & Operations
UNDERSTANDING THE ECONOMY Lesson 3-2. Understanding the Economy Objectives List the goals of a healthy economy Explain how an economy is measured Analyze.
Purchasing Power Parity (PPP). This is a comparative measure of the cost of goods in different countries. It is often applied to a ‘basket of goods’.
Standard of Living. Standard of living refers to the level of wealth, comfort, material goods and necessities available in a geographic area. How comfortable.
Chapter 9 Measures of Economic Activity Inez Chu, Michelle Huynh, Sydney, Winfield Chung, Leo Tsang.
Demographic Terms Created by: Mr. D. Level of Development The productivity with which countries use their productive resources is widely recognized as.
What would happen to a government that could not provide secure property rights? In a state where property rights are insecure, no state will experience.
Gross Domestic Product. What is Gross Domestic Product? The total market value of all final goods and services produced during a given period of time.
 A piece of economic data (statistic)  indicates the direction of an economy.
Public Policy Economic performance Social welfare Population/Migration The environment Civil liberties, rights, and freedoms.
Indicators of Economic Development
How free markets create & divide wealth
Economic growth, debt and inequality. GDP per capita (PPP) (US$) Source:
Measuring Development Objective: To compare the development of a selection of countries To compare the development of several countries using a range of.
3.2 Introduction to Development. Economic Growth vs. Development Growth Growth Increase in national income (1 yr.) Increase in national income (1 yr.)
Part Six: Public Policy “Justice is itself the great standing policy of civil society; and any eminent departure from it, under any circumstances, lies.
Understanding Economics Chapter 9 Measures of Economic Activity Copyright © 2005 by McGraw-Hill Ryerson Limited. All rights reserved. 3 rd edition by Mark.
Part Six: Public Policy “Justice is itself the great standing policy of civil society; and any eminent departure from it, under any circumstances, lies.
What is development? How can we measure development?
Wealth How do we measure wealth?. Gross domestic product (GDP) This measures the wealth created in a country in a given year (includes the production.
Part Six: Public Policy “Justice is itself the great standing policy of civil society; and any eminent departure from it, under any circumstances, lies.
Public Policy. Domestic – Programs seek to improve the economy, social, and political conditions within a country Foreign – Policies concern other nations,
Part Six: Public Policy “Justice is itself the great standing policy of civil society; and any eminent departure from it, under any circumstances, lies.
COUNTRY RISK ASSESSMENT China & Japan Eliza Bogucka Magdalena Mirek Dominika Dunin - Szpotańska.
Copyright © 2011 Pearson Education Part Two Comparative Environmental Frameworks International Business Environments and Operations Global Edition 4-1.
ROLES AND RESPONSIBILITIES IN A GLOBALIZING WORLD TO WHAT EXTENT SHOULD I, AS A CITIZEN, RESPOND TO GLOBALIZATION?
Understanding GDP, GNP, GNI. GDP Gross Domestic Product A broad measure of an economy’s performance The total value of ALL goods and services produced.
Pros and Cons of Development Indicators
Economic growth, debt and inequality
WHAT IS DEVELOPMENT?.
Emerging and developing economies: measures of development
4 GDP & National income accounting
Measuring Development
How do we compare different countries??
POLI 214 Introduction to Comparative Politics
Demographic Indicators
DeVELOPMENT KEY ISSUE 1.
System General Principles? What is it good at?
Part Six: Public Policy
Roles and Responsibilities in a Globalizing World
Demographic Indicators
Part Six: Public Policy
CH. 1 Introduction to Comparative Politics
Indicators of Economic Development
History: how we got where we are Comparisons with Estonia and China
Indicators of Development
Economics Economics is the social science that analyzes: Production
The Human Development Index (And More)
Macroeconomics Chapter 2
Measuring a Nation’s Income
Model and Hypothesis Table Explanation of Variables
Presentation transcript:

Analyzing Quantitative Data in Comparative Politics

Politics is a social science Since politics is part science we can use statistics and data to measure levels of economic development, economic equality, quality of life, freedom, and government transparency

Empirical evidence Empirical means that something is a fact, not disputed For example: Japan consists of 4 main islands Japan’s population is 127.6 million (2012) China has the world’s second largest economy (GNP) Can you think of your own examples of empirical evidence?

Generally comparative politics data is considered to be empirical*** Size of Economies (GDP/ GNP) Purchasing Power of Consumers (PPP) Economic equality (Gini Index) United Nations Human Development Index (HDI) Level of Freedoms (Freedom House Scores) Government Transparency (Transparency International)

Size of Economies Gross Domestic Product (GDP) is the total market value of all goods and services produced in a country during a specific period For those of you taking economics GDP= (private consumption+ gross investment + government spending+ exports- imports) Gross National Product (GNP) is the total market value of all goods and services produced by residents of a country- this includes all wealth earned abroad (ex. American companies in Japan)

Total GNP Which country has the largest economy in the world? Any surprises on this list? China is ranked number 2. Does that mean that China is richer than Japan?

GDP/GNP per capita Often you will come across this measurement which is : GDP or GNP = GDP/GNP per capita Total Population Per capita means per person

How does China rank in GDP per capita ?

Limitations of GDP per capita Does GDP per capita represent how much each citizen earns per year? What does it really measure?

Purchasing Power Parity (PPP) Purchasing Power Parity is the value in USD of what GDP can really buy in a given country It measures what 1USD buys in each country using a basket of goods Why might this be a better indicator than GDP per capita alone?

Economic equality (Gini Index) Gini index: a mathematical formula that measures the amount of economic equality in a society; its scale ranges from 0 to 100, where 0 corresponds to perfect equality and 100 to perfect inequality. Why would political scientists want to measure this?

Which countries have the most economic equality? Why?

Human Development Index (HDI) United Nations Index which measures a country’s socio-economic development GDP per capita, Life expectancy, and the Literacy rate are all factored in the calculation. The U.N. considers countries with a ranking closest to 1.0 as having the highest standard of living

Where do our six AP Politics countries rank?

Levels of Freedom Freedom House (a non-governmental organization) measures the levels of freedoms in a country based on the following: political rights (right to vote etc.) civil liberties (freedom of the press etc.) It ranks countries on a scale of 1-10 and then places them in 3 categories: Free, Partly Free, and Not Free

How do our six AP Politics countries rank?

Levels of Transparency Transparency refers to the level of accountability a government has to its citizens The less corruption= the more transparent The more corruption= the less transparent Like Freedom House, Transparency International is an NGO which ranks countries on a scale of 1-10 The higher the number, the higher the transparency

How do our six AP Politics countries rank?

Word of caution Do not confuse correlation with causation Correlation means two variables occur together but causation means one variable causes another High GDP per capita and democracy are correlated. But we can’t say high GDP per capita causes democracy