On Sun, Mar 20, 2016 at 8:48 PM, Eugene Coyle <[email protected]> wrote:

> Yes, but is the problem different for Per Capita GDP?  What is it the
> reader is supposed to do with these numbers??  Talk about how rich or how
> poor a particular geographical location is?
>


Gene,
You are being extremely unfair and unkind here. I have patiently pointed
out that yes, "Per Capita GDP" is indeed different in the sense that one
can define it precisely unlike "median GDP". Nathan  Tankus said it very
well earlier in the thread in case my own explanation was unclear.

I have also explicitly and painstakenly pointed out that my query here is a
narrow technical one. I think I made it very clear that I was not, repeat
NOT, arguing that "per capital GDP" was a useful or meaningful number.

I see you now arguing that narrow technical discussions have no place on
PEN-L. Either that or you are asking me to defend a claim that I never made.
-raghu.





>
> > On Mar 20, 2016, at 10:16 AM, raghu <[email protected]> wrote:
> >
> > On Sun, Mar 20, 2016 at 12:08 AM, nathan tankus wrote:
> > "I am afraid I am still confused. My question is a purely technical one:
> how do you define median GDP?"
> >
> > the point I think Raghu is making is you can assign personal income and
> benefits to individuals but you can't assign plant and equipment, parks and
> roads, exports and imports to individuals for the purposes of a median
> measure. median personal income and median personal disposable income are
> workable concepts.
> >
> >
> > Precisely!
> > -raghu.
> >
> >
> >
> >
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