My First SAS Program
Project:
Well-Being
of a Country vs. Well-Being of its Citizens
Source: New Data Sheet from OECD
In my first program, I uploaded a new data sheet with 34 developed countries (including 24 European countries)
and 5 Variables: GDP, Household Disposable Income, Personal Earnings, Work, Education and Satisfaction Index.
*Countries - Australia, Austria, Belgium, Canada, Chile, Czech Republic, Denmark,
Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands,
New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain,
Sweden, Switzerland, Turkey, United Kingdom, United
States.
*GDP – Gross Domestic Product
*Personal Earnings – “This indicator refers to the average annual wages per
full-time equivalent dependent employee, which are obtained by dividing the
national-accounts-based total wage bill by the average number of employees in
the total economy, which is then multiplied by the ratio of average usual
weekly hours per full-time employee to average usually weekly hours for all
employees. It considers the employees’ gross remuneration, that is, the total
before any deductions are made by the employer in respect of taxes, contributions
of employees to social security and pension schemes, life insurance premiums,
union dues and other obligations of employee (source: OECD)
*Household Disposable Income - “It's the maximum amount that a household can afford to
consume without having to reduce its assets or to increase its liabilities.
It's obtained adding to people’s gross income (earnings, self-employment and
capital income, as well as current monetary transfers received from other
sectors) the social transfers in-kind that households receive from governments
(such as education and health care services), and then subtracting the taxes on
income and wealth, the social security contributions paid by households as well
as the depreciation of capital goods consumed by households. Available data
refer to the sum of households and non-profit institution serving households”
(source: OECD)
* Work – Percentage of the working-age population (aged 15-64); "It is the number of employed persons aged 15 to 64 over the population of the same age. Employed people are those aged 15 or more who report that they have worked in gainful employment for at least one hour in the previous week, as defined by the International Labour Organization – ILO." (source: OECD)
* Education – “Educational attainment considers the number of adults aged
25 to 64 holding at least an upper secondary degree over the population of the
same age, as defined by the OECD-ISCED classification” (source: OECD)
*Satisfaction
Index – “The indicator
considers people's evaluation of their life as a whole. It is a weighted-sum of
different response categories based on people's rates of their current life
relative to the best and worst possible lives for them on a scale from 0 to 10,
using the Cantril Ladder (known also as the "Self-Anchoring Striving
Scale")” (source: OECD)
I decided to compare top ten countries (with highest
GDP) and bottom ten countries (with lowest GDP) and observe the differences in
the above variables.
Results:


Summary of results:
TOP
TEN
|
BOTTOM
TEN
|
Countries with TOP ten GDP
were:
Luxembourg,
Norway, Switzerland, United States, Ireland, Netherlands, Australia, Austria
and Sweden and Germany.
|
Countries with Bottom ten GDP
were:
Mexico,
Turkey, Chile, Hungary, Poland, Greece, Estonia, Portugal and Slovak
Republic.
|
Category
“1” in the next two tables shows that both Personal Earnings and Household
disposable income are above the
average in all ten countries (100%).
|
Category
“0” in the next two tables shows that Personal
Earnings and Household disposable
income are below the average in all ten countries.
|
Education table shows that the percentage
of people with at least high-school
degree varies between 73% and 89% with the average score of 80.8%.
The lowest score (i.e. 73%) belonged to 30% of these countries. |
Education table shows that the percentage of people with at least high-school
degree varies between 31% and 91% with the average score of 66.8%
What is striking is that 30% of these countries had less than 40% of high-school graduates. |
Next table shows that the average percentage
of the working-age population is 71.3%
|
Next table shows that the average percentage
of the working-age population is 59.3%.
|
Category
“1” in the last table shows that Life
Satisfaction Index is higher than average in all ten countries (100%). The
average Satisfaction Index for all 34 countries was 6.59/10.
|
Category
“1” shows that two countries (20%) have Life
Satisfaction Index over the average. And category “0” shows that the remaining countries (80%) are below the
average.
|
To sum up, according to the above analysis, the countries with higher GDP are better in respect of all variables i.e. Personal Earnings, Household disposable income, Number of people with at least high-school degree, Number of people of working-age,
and Life Satisfaction.
There was no missing data - all cells were filled and complete.
There was no missing data - all cells were filled and complete.
____________________________________________
*reference year for all the data was 2013.
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