oecdnerd

5 ms·

1. 1.▲
   by oecdnerd 7y ago

   Using the OECD numbers[1]: (USGDPPC - EurozoneGDPPC) / AVERAGE(USGDPPC, EurozoneGDPPC) = 0.283 Roughly speaking, you could write this as "The GDP per capita of the Eurozone is 28.3% lower than the US". [1] https://
2. 2.▲
   by oecdnerd 7y ago

   It doesn't make sense to compare the EU to a federation with more than double its land area, composed of 50 different states, which are quite different from each other in a large variety of salient ways.
3. 3.▲
   by oecdnerd 7y ago

   If you drop Mississippi, Idaho, West Virginia, Arkansas, South Carolina, and Alabama from the US numbers, then the US GDP per capita number would look bigger. Anyone can get different numbers by cherry-picking higher performers and dropping
4. 4.▲
   by oecdnerd 7y ago

   Not making any causal claims about unions, but using the OECD numbers[1]: (USGDPPC - EU28GDPPC) / AVERAGE(USGDPPC, EU28GDPPC) = 0.338 So the comment you're replying to was correct, for at least one plausible definition of "1&