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A comment on Look at median, and not mean GDP per capita. Parent comment

Re:Look at median, and not mean GDP per capita by Aperocky on Sunday August 07, 2022 @11:03PM (#32382068)
> GDP per capita is a yardstick for labor productivity.

Or how much oil will gush out of the ground if you drill a hole in the right place.

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Re:Look at median, and not mean GDP per capita by hammock on Sunday August 07, 2022 @11:46PM (#32382233)
>drill a hole

>labor

I believe you are saying the same thing

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Re:Look at median, and not mean GDP per capita by myownpetard on Monday August 08, 2022 @02:00AM (#32382747)
Only if the value of a hole of equivalent dimensions is constant and independent of location.

There's a whole Disney movie that demonstrates not all holes are created equal.

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Re:Look at median, and not mean GDP per capita by PeterisP on Monday August 08, 2022 @05:14AM (#32383616)
Well no, the whole point of measuring country differences in labor productivity is that in some countries spending x hours to drill a hole in the ground is vastly more productive than in others.
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Re:Look at median, and not mean GDP per capita by myownpetard on Monday August 08, 2022 @01:10PM (#32388216)
The point here is that, if we want to use GDP as a proxy for labor productivity, then including wealth from extractive industries isn’t that useful because it tells us much more about the geology of the country then about the labor force.
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