Wednesday, August 13, 2014

Traders turnovers set low consumption doubt. In 2012, the turnover of retailers in nearly 45% highe


According to Eurostat, Estonian purchasing power in 2013, 72% of the EU average, and 74% in Lithuania. Although the increase in purchasing power and exchange between balaji wafers rajkot Estonia and Lithuania is likely to remain within the limits of measurement error, it means tearing down the beats Lithuania pride, and the question is whether the Lithuanians are now really richer than us? On closer inspection, it appears to be a reference, rather bumpy, and refers to a statistical anomaly. balaji wafers rajkot Did you know for example that the Lithuanians are the other carnivores, immediately after the Romanians, according to Eurostat? Other organizations also seem to think differently, for example, the IMF's spring, according to data published by the Estonians were still higher purchasing power in 2013.
In short, due to the difference between Estonia and Lithuania's GDP at purchasing power parity basis primarily consumption. Alternative sources balaji wafers rajkot do not indicate, however, that the Estonians live in significantly worse. balaji wafers rajkot On the contrary: in the salaries of merchants' sales and household income, even an order of magnitude higher than in Lithuania. Residential and people are more spacious eat better.
GDP in purchasing power parity can not be expressed directly prosperity. For example, can probably be considered wealthy Americans who can afford to buy a haircut in 5000 - the same money he can afford to buy a luxury car. However, if one is able to pay some corner of India haircuts for 5000, it is certainly rich in a local sense, but a decent German car, he would not be the same amount of money. PPP may both be similar incomes, but also in nominal wealth at the reading level. That spot is a hairdresser cheap, does not mean that the import of the goods should also be affordable.
The main source of the difference in purchasing power between Estonia and Lithuania have not yet specified a different price level - but this is just a technical explanation. Nominal GDP per capita is higher balaji wafers rajkot in Estonia than in Lithuania, Estonia, Lithuania, the price cheaper than purchasing power and thereby higher (see the first figure). As the Estonian higher price due largely balaji wafers rajkot to improved wage levels, the price difference between Estonia and Lithuania, the purchasing power of the difference can be explained as primarily a technical argument. In wages in 2013 were nearly 24% higher than in Lithuania, 21% higher than the price level. By countries, there is a strong coherence between the level of prices and wages - wage countries also have better prices higher (see figure below). As wage levels vary from country to country, more than price - is accompanied by a higher wage levels generally greater purchasing power.
Estonians higher wage means an anecdotal itself, that when an Estonian and Lithuanian should be half-way through, for example, in a tavern to meet in Riga, you will reach a higher salary Estonians drink there longer than PPP prosperous balaji wafers rajkot Lithuanian.
Some of Ireland 'statistically' purchasing power should be on the fact that currently are not counted in GDP at the latest census data. Census is known to us less than we previously thought, and the GDP per capita is therefore technically balaji wafers rajkot higher. This difference, however, is small and correcting the fall.
The majority of Estonia and Lithuania in purchasing / GDP levels are associated with differences in consumption (see illustration below). Other demand components of GDP per capita levels are higher in Estonia than in Lithuania. Therefore, focus on the Estonian and Lithuanian consumption balaji wafers rajkot in comparison.
Traders turnovers set low consumption doubt. In 2012, the turnover of retailers in nearly 45% higher per capita than in Lithuania. True, part of that is definitely linked to the tourists, but barely, so that tourists are able to explain a large part of the Estonian and Lithuanian commercial sector turnover difference.
Also Estonians incomes are broadly higher than the Lithuanians. There are equalized in all income groups than in Lithuania (see figure below). In 2012, there were households with higher incomes Lithuania a similar order of magnitude as the turnover of the merchants.
It should be noted that despite the fact that there are much higher incomes than in Lithuania, they will still be well below the European average. Adjusted to the price level in Estonia amounted to an average figure for the European Union nearly equalized 54%.
Estonia balaji wafers rajkot and Lithuania, according to Eurostat, the difference in consumption mainly in the fact that Lithuanians eat better and live in better conditions (see illustration balaji wafers rajkot below), but others in my hand the observed balaji wafers rajkot data sources do not confirm this. Compared to Lithuania, Estonia, however, more is spent on eating outside.
Estonia larger dwellings and better sanitary conditions do not support the claim, such as in housing consumption would be lower than in Lithuania. Consumption accounts for a large proportion balaji wafers rajkot of dwellings - a little clumsy language of statisticians - Estimated rental, perhaps the essence of living in your home for your new imaginary paid rent, which should ideally balaji wafers rajkot be used to express the size and quality housing. Census, there were an average dwelling space per capita is 16% higher than in Lithuania, and Estonia have fewer households with po

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