jews/911

dna

RCC

AIDS

IQ

14th Amdt

19th Amdt

Watchman

# Household Income/Savings vs. Women Entrepreneurs

There's a direct correlation between the percent of starting and young entrepreneurs who are women, and household income/savings.  At one end of the spectrum is Japan where the average annual household income is \$105,000 and the savings rate of 33% results in \$34,650 annual household savings, where women are 1% of entrepreneurs.  At the other end of the spectrum is India where household incomes are \$2,500 and the savings rate of 22% results in annual household savings of \$550, and women are 14% of entrepreneurs.

Assuming a simple linear relationship indicates that each 1% increase in the percent of women entrepreneurs equals a \$7,885 decrease in annual household income and a \$2,623 decrease in personal saving. To test this theory, a country like Germany with 4% fewer women entrepreneurs ought to have household incomes \$31,540 and household saving of \$10,492 lower than Japan, or \$73,460 and \$24,158, respectively.

To

# Per Capita Income in World History

The following estimates of per capita income of the world was made by Angus Maddison (Emeritus Professor, University of Groningen, 1999) in his article "Poor until 1820." After the fall of the Roman Empire, the West entered a recession that lasted about a millennium. During this period, per capita income of the West was no more than \$500 (say in 2000 constant dollar). After the industrial revolution, due to mass production, per capita income began to grow.

 January 11, 1999 Angus Maddison (University of Groningen, The Netherlands)

## GDP Per Capita

GDP Per Capita in 1990 international dollars*

 YEAR 0 1000 1500 1820 1995 World \$425 \$420 \$545 \$675 \$5,188 The West \$439 \$406 \$624 \$1,149 \$19,990 West Europe 450 400 670 1,269 17,456 North America 400 400 400 1,233 22,933 Japan 400 425 525 675 19,720 The Rest \$423 \$424 \$532 \$594 \$2,971 Other Europe 400 400 597 803 5,147 Latin America 400 415 415 671 5,031 China 450 450 600 600 2,653 Other Asia 425 425 525 560 2,768 Africa 400 400 400 400 1,221

Population in italics in billions;
Total GDP in roman in billions of 1990 international dollars

 YEAR 0 1000 1500 1820 1995 World 250 273 431 1,067 5,671 \$106 \$115 \$235 \$720 \$29,423 The West 25 33 65 156 739 \$11 \$13 \$40 \$179 \$14,773 The Rest 226 241 367 911 4,932 \$95 \$102 \$195 \$541 \$14,651

*NOTE: These estimates draw on material for 1500-1995 in A. Maddison, "Monitoring the World Economy" (1995) and "Chinese Economic Performance in the Long Run" (1998), published by the OECD Develop-ment Center, Paris. The time series for GDP were merged with estimates of 1990 GDP derived by use of purchasing power conversions rather than exchange rates and called here "international dollars." The tentative estimates for years before 1500 were specially prepared for this article.

Search for:

Modified Thursday, December 24, 2009

Copyright @ 2007 by Fathers' Manifesto & Christian Party