Assignment
This exercise is designed to help one find the World Bank's World Development Indicators, extract data, and make sense of the numbers. Go to the database. Extract data for China and the US [use the Country tab under "Variables"] for the following series [use the Series tab]:
Population (total)
Population (female as % of total)
GDP at market prices (in constant 2010 US$)
GDP per capita PPP (constant 2011 international dollars)
Tariff rate (i.e. tax on imports), weighted mean, all products (%)
Trade (as a % of GDP).
Employment to population ratio, 15+, female (%), ILO estimates
Employment to population ratio, 15+, male (%), ILO estimates
Employment to population ratio, 15+, total (%), ILO estimates
Collect the data for the past 20 years [use the Time tab]. Download the data [use the Download Options on the upper right hand side] and put the data into a spreadsheet. Now answer the following questions:
1- Which country has a larger GDP? Provide evidence.
2- How large is China's GDP per capita, as a fraction of US GDP per capita?
3- Which country levies the higher tax rate on imports? Provide evidence.
4- Graph the share of trade as a % of GDP for the US, and for China, over time [i.e. use a line graph for each series; you can put both series on the same graph.]
5- Which country is more dependent on trade?
6- Comment on what has happened to the share of trade in GDP over time?
7- Compared to the US, a smaller proportion of the Chinese population is female. Why? [You may need to do some additional Web searching to find an answer.]
8- Which country has a higher ratio of employment to population? Provide evidence.
9- Comment on the trends in the employment-to-population ratio over time? What might be causing these changes?
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.