On Latitude and Affluence: The Equatorial Grand Canyon

Henri Theil and Janet Galvez

Empirical Economics, 1995, vol. 20, issue 1, 163-66

Abstract: Our objective is to "explain" per capita GDPs by the countries' latitude, using PPP-based data for 138 countries in 1985 (PPP = purchasing power parity). A simple approach is formulated which nevertheless accounts for as much as two-thirds of the variance of the per capita GDPs.

Date: 1995
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