DATA MANAGEMENT
Source: GapMinder
Variables observed: incomeperperson, oilperperson, relectricperperson
*incomeperperson – Gross
Domestic Product (GDP) per capita
*oilperperson – Oil Consumption per capita
* relectricperperson - Consumption of electricity
per capita
Introduction:
Numerous researches conducted by leading economists show an
interdependence between GDP, oil consumption and electricity consumption.
In this assignment, I decided to manage the data and observe the results in the following way:
- Collapse incomeperperson into 3 ranges, i.e. Low income, Middle Income and High Income Countries (according to the WORLD BANK thresholds), and check what percent of countries falls into each of these categories.
- Observe Oil and Electricity consumption across the world by collapsing oilperperson, relectricperperson values into LOW, AVERAGE and HIGH consumption.
- Run frequency distribution for 3 new variables.
- Observe what are the differences in Oil and Electricity consumption according to the GDP range of countries.
- Observe how much Oil and Electricity consumption data is missing according to the GDP range of countries.
Categories for
each variable:
Category
|
GDP
|
OIL
*oil consumption
|
ELECTRO
*electricity consumption
|
1
|
High Income Countries
|
High
|
High
|
2
|
Middle Income Countries
|
Average
|
Average
|
3
|
Low income Countries
|
Low
|
Low
|
Summary:
I
collapsed the responses for incomeperperson, oilperperson, relectricperperson to create three new
variables: GDP, OIL, and ELECTRO. The table above shows what each of categories stands for.
I
deleted all rows with missing incomeperperson
and ended up with 190 results.
I kept missing data for oilperperson,
relectricperperson and incorporated it into the results table, as "NO DATA", in order to see what percent of information is provided and, therefore, check how meaningful my research is.
- All countries with GDP data
The
results in GDP table show that 21.58% of countries from the data (Category
“1”) are High
Income Countries, 50.00% countries
(Category “2”) are Middle Income Countries and 28.42% countries (Category “3”) are Low Income Countries.
For Oil, the highest oil consumption is found in 7.37% countries (Category “1”), average consumption in 16.32% countries (Category
“2”), and low consumption in 8.42% countries (Category “3”). 67.89% of Oil data
is missing which means that all results and assumptions are based on very
limited data.
For Electro, the highest electricity consumption is found in
16.32% countries (Category “1”), average consumption in 34.21% countries
(Category “2”), and low consumption in 17.89% countries (Category “3”). 31.58% of
electricity consumption data is missing which means that there´s much more data
than in case of oil consumption.
- Comparison of oil and electricity consumption according to different ranges of GDP:
Variable
|
Low Income Countries
|
Middle Income Countries
|
High Income Countries
|
No. of countries
observed
|
54 countries
|
95 countries
|
41 countries
|
Oil Consumption
|
There are only 4 countries (7.41
%) with available data for this variable. And all of them fall into
category “3”,
meaning low oil
consumption .
|
In this range, data is provided
for 34.74 % of countries:
1.05% with high
21.05% with average
12.63% with low
oil consumption.
|
From the available data (58.54%),
most countries (31.71%) hadhigh oil
consumption. And 26.83%had average oil
consumption.
There were no cases of low
consumption.
|
Electricity
Consumption
|
For Electricity, there was much
more data than for oil: 31 out of 54 countries (57.41%).
12.96% of all results are countries with average consumption
and
44.44% percent with low
consumption. The rest is missing.
|
Again, For Electricity, there was
much more data than for oil (70.53%):
4.21 %with high
55.79%with average
10.53% with low
electricity consumption.
|
Available data for 78.05% of
countries including:
Big majority (65.85%) of highconsumption
results
and 12.20% of averageconsumption
results.
Similarly to Oil results, there
were no cases of low electricity consumption.
|
Missing Data
|
92.59% for Oil and
42.59% for Electricity Consumption
|
65.26% for Oil and
29.47% for Electricity Consumption
|
41.46% for Oil and
21.95% for Electricity Consumption
|
If we look at the above table, we can see that in GapMinder data sheet there´s much more data concerning developed countries than developing countries as it comes to Oil and Electricity Consumption. It shows that it would be much better to collect more data before making meaningful assumption, especially regarding oil consumption and low income countries. My whole analysis is based on 32.11% of data for oil and 68.42% for electricity. The amount of data is especially scarce in low-income countries with 7.41% for oil and 57.41% for electricity.
However, even with such limited data, it is still possible
to see some patterns in Oil and Electricity Consumption across different GDP
ranges of countries.
The data provided proves that there´s a strong correlation
between Oil and Electricity Consumption and the GDP of a country. The higher
average oil and electricity consumption, the higher GDP range:
For Oil, in low income countries, there was only low
consumption. In middle income countries, there were all ranges of consumption,
however, the high consumption was found only in one out of 33 countries with
available data. In high income countries, there were more cases of high
consumption than average consumption and no evidence of low consumption.
For electricity, in low income countries, most results were
low consumption. In middle countries, the majority was average consumption with
few cases of low and high consumption. And in high income countries, most of
them had high consumption with few cases of average consumption and no evidence
of low consumption.
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