The world’s economic centre of gravity
The world’s economic centre of gravity
Author(s): Géza Tóth, Zoltán NagySubject(s): Social Sciences, Economy, Geography, Regional studies
Published by: Központi Statisztikai Hivatal
Keywords: world; economy; centre of gravity
Summary/Abstract: Recently, an analysis has been conducted on the world’s economic centre of gravity(Economist 2012, Grether-Mathys 2010, Quah 2011). Our aim is to examine all thecountries of the world’s economic centre of gravity together, while examining thecontinents separately. In our study, the geometric centre of the area for all countriesis weighted by nominal GDP obtained from the World Bank database for the years1970–2014 (GDP data at current US $ market prices). Although this method can beproblematic, particularly for wide-area countries, it can address the most importanttrends of spatial displacements. Here, we used the official map of Eurostat as a basemap with ETRS89 projection.
Journal: Regional Statistics
- Issue Year: 6/2016
- Issue No: 02
- Page Range: 177-180
- Page Count: 4
- Language: English