In Per Capita, Capita comes from a Latin term referring to head. Per Capita means "for each head" or per individual. Criminologists and sociologists refer to crimes rates and divorce rates, per capita. For example if there are only 0.01 crimes per capita, this would mean that you have a risk of 1% of being victimised. Criminologists usually use the idea of a rate per 100,000 rather than the idea of per capita. Per capita income is a measure of the wealth of an area's population as well as an indicator of the economic health of that region or country. Per capita income is determined by dividing the total income of a region or county residents by the total population. The per capita GDP is useful when comparing one country to another. Per capita GDP takes gross domestic product and divides it by the number of people in the country.
The Effect of State Income Taxation on Per Capita Income Growth - Randall G. Holcombe, Florida State Univ, Donald J. Lacombe, Ohio Univ - Public Finance Review, Vol. 32, No. 3, (2004). This study examines the impact of changes in marginal state income tax rates on per capita income by comparing income growth in counties on state borders with income growth in adjacent counties across the state border. Compared to a standard cross-sectional analysis, this border-matching technique is a better way to hold constant many factors that can vary for geographical reasons, such as climate, culture, and proximity to markets. The results show that over the 30-year period from 1960 to 1990, states that raised their income tax rates more than their neighbors had slower income growth and, on average, a 3.4% reduction in per capita income.
Demographic destiny, per-capita consumption and the Japanese saving-investment balance, R Dekle, Oxf Rev Econ Policy 2000; 16:46-60. Abstract: In this paper, we revisit the issue of the impact of demographic change on the Japanese saving investment balance. Using updated government projections, we show that the ageing of the population under way will steadily lower Japan's saving rate from 31 per cent of GDP today to 20 per cent of GDP in 2040. Japan's investment rate will remain close to its current level of 29 per cent.
Demographic and Per Capita Income Dynamics: A Convergence Study on Demographics, Human Capital, and Per Capita Income for the US States - Joakim Persson. Abstract: This paper finds that age distribution, educational attainment, and government size converge across the US states at rates rather similar to the convergence rate for per capita income. The main part of the paper takes age distribution variables as exogenous in conditional convergence regressions. Using panel study data, the estimated partial relation between age and the subsequent growth rate of per capita income is hump-shaped and of quantitative importance. This result is robust to conditioning on other variables and appear not only to reflect capital-dilution. Another result is that average years of schooling has a positive effect on growth only if age distribution is controlled for. These findings are consistent with an explanation that the age distribution reflects the growth effects of human capital accumulated through experience.
Human capital and per
capita product: A comparison of US states
Saurav Dev Bhatta, Jose Lobo.
Abstract.This article analyzes the extent to which human capital differences can explain the differences in gross state product (GSP) per capita levels between the richer and poorer states of the US. It uses 1990 Census and Bureau of Economic Analysis data on educational attainment, wage levels of different segments of the labor force, and GSP to compare New York our representative rich state with the poorest third of the states. The findings indicate that human capital differences explain at least 49% of the observed difference in GSP per capita between New York and each of the poor states.
Growth Rates of Per-Capita Income and Aggregate Welfare: An International
Nanak Kakwani, University of New South Wales, The Review of Economics and Statistics, May 1997, Vol. 79, No. 2, Pages 201-211.
This paper is concerned with the measurement of aggregate growth rates, where the aggregation is over time. The paper demonstrates that any mechanical procedures for computing aggregate growth rate has welfare implications, and value judgments implicit in various commonly used procedures are not appealing. A new procedure suggested in the paper captures all the essential properties of a welfare function. The methodology of the paper is applied to an analysis of growth rates of per capita GNP of 83 developing countries during the 1970-1987 period.
What contributed to the major decline in per capita cigarette consumption during
Californias comprehensive tobacco control programme? Elizabeth A
Gilpin, Karen Messer, Martha M White and John P Pierce.
Tobacco Control 2006;15:308-316 - Cancer Prevention and Control Program, Moores UCSD Cancer Center, University of California, San Diego, La Jolla, California, USA. Objectives: California experienced a notable decline in per capita cigarette consumption during its comprehensive tobacco control programme.