Knowledge Tree
GDP per capita
Also known as: InGDPpcit
Facts (16)
Sources
Designing Carbon Pricing Policies Across the Globe link.springer.com 12 facts
procedureThe study authors investigated non-representation bias by reweighting survey responses according to global averages of GDP per capita, the share of experts with an economics publication, and the share of female experts.
measurementRecommendations for a carbon tax versus cap-and-trade are less frequent when reweighted for global average GDP per capita compared to the average in the study's original sample.
measurementThe negative relations between expert recommendations for renewable energy subsidies and both GDP per capita and the national weighted carbon price are preserved in the multivariate analysis, but are only significant at the 10% level.
claimSupport for carbon taxes and cap-and-trade instruments varies in a qualitatively similar way with a higher mean world governance index, similar to the variation observed with higher GDP per capita.
referenceThe authors collected country-level data for their survey analysis, including CO2 emissions, GDP per capita, fossil fuel energy consumption, mean world governance indicator rank scores, climate change knowledge, and existing weighted carbon prices and regulatory types (Dolphin 2022; Pelham 2009; World Bank 2022a, b, c, d).
claimThe highly significant relation between GDP per capita and expert preference for lump-sum transfers is preserved in the multivariate analysis.
measurementRecommendations for using carbon pricing revenue for 'equal lump-sum transfers to households' are less frequent at global average GDP per capita levels, according to the study 'Designing Carbon Pricing Policies Across the Globe'.
claimExperts' support for 'equal lump-sum transfers to households' as a revenue usage strategy for carbon pricing increases as the GDP per capita of the expert's country increases.
claimExperts' support for 'spending on environmental public goods', 'grandfathering or tax cuts for firms', 'green R&D', and 'subsidies for renewable energy' decreases as the GDP per capita of the expert's country increases.
claimRecommendations for using carbon pricing revenue for the 'reduction of distortionary taxes' are less frequent at global average GDP per capita levels and among economic experts, according to the study 'Designing Carbon Pricing Policies Across the Globe'.
claimSupport for Border Carbon Adjustments (BCA) remains consistently high across different levels of GDP per capita.
claimRecommendations for using carbon pricing revenue for 'subsidies for renewable energy' are more frequent at global average GDP per capita levels and are more likely to be supported by non-economists, according to the study 'Designing Carbon Pricing Policies Across the Globe'.
A critical review on techno-economic analysis of hybrid renewable ... link.springer.com Dec 6, 2023 2 facts
claimThe multiple linear regression model used to analyze portfolio risk utilizes coefficients (β values) to determine the direction and magnitude of the effect that factors like GDP per capita, Foreign Direct Investment, Trade Openness, Education Index, Life Expectancy Index, and Governance Index have on portfolio risk.
formulaThe relationship between portfolio risk (A) and factors influencing electricity consumption (GDP per capita, Foreign Direct Investment, Trade Openness, Education Index, Life Expectancy Index, and Governance Index) is expressed by the multiple linear regression formula: A = β0 + β1(InGDPpcit) + β2(InFDIit) + β3(TOit) + β4(EIit) + β5(LEIit) + β6(GIit) + eit.
Energy asset stranding in resource-rich developing countries and ... frontiersin.org Jun 10, 2024 1 fact
measurementAccording to the World Bank (2021), Nigeria's GDP per capita was 5,860 US-Dollars in purchasing power parities (ranking 141st) and 2,184 in 2022 US-Dollars (ranking 180th).
How governments address climate change through carbon pricing ... nature.com Apr 15, 2025 1 fact
referenceThe OECD provides data on GDP per capita in current prices and PPPs.