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This assumption is based on the knowledge that the EU12 countries have a greater GDP value than the EU15.
It is normal that many people link income equality to how our economy performs, which is the GDP value for each year.
amThis particular measure seems to be the most suitable to understand the quality of life and the levels of economic development in a specific area, compared with the GDP value that focuses too much on the economic wealth produced.
Whenever possible, we used a five-year average value for the country's current representative GDP value (in US dollars).
This issue is not reflected in the average per-capita GDP value, but is reflected in the remaining health problem (ENV).
Expressed as a ratio to agricultural GDP, value added in food, beverages and tobacco provides a broad indicator of the importance of processing relative to primary agriculture.
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Quarterly real GDP values in 2008 pesos from INEGI.
For tax revenue as percentage of GDP, values above 200 are highlighted in yellow to denote good performance.
Singapore's GDP, valued at 247.33bn Singapore dollars ($191bn £123.7bnn) in 2009, is very dependent on external trade and exposed to changes in the global economy.
To evaluate the results, one calculates the ratios of post-treatment differences between actual and synthetic GDP values over corresponding pre-treatment differences.
Since GDP values are used in both the dependent and some of the explanatory variables, correlation between these variables and the error term is a distinct possibility.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com