Exchange rate per capita GDP and quality of life.
The higher the per capita GDP, the higher the average quality of life, and the per capita GDP has a positive relationship with the average quality of life. Proportional relations are a special case of positive relations.
GDP per capita generally refers to exchange rate GDP, and sometimes it can also refer to purchasing power GDP. There is a positive relationship between per capita exchange rate GDP and GDP per capita purchasing power. The exchange rate GDP is the GDP that is felt through the international ** relationship. Purchasing power GDP is the ability to actually purchase goods, and the new value calculated after taking into account the price factor and the exchange rate GDP value is the purchasing power GDP value.
The exchange rate GDP is unstable and often fluctuates with the exchange rate factor, the purchasing power GDP has little relationship with the exchange rate fluctuation, and is relatively stable, and the purchasing power GDP will change with the changes in the domestic and foreign economic situation. Exchange rate, GDP and purchasing power GDP will gradually increase with the development of the economy. In general, purchasing power GDP is a better measure of quality of life than exchange rate GDP. Generally speaking, countries with equal GDP per capita purchasing power have a better quality of life per capita than countries with equal exchange rate GDP per capita.
There can be some differences in the quality of life per capita between two countries with the same per capita exchange rate and GDP. The main factors affecting the difference in per capita quality of life are: the disparity between the rich and the poor, the social system factor, the natural resource factor, and the population talent factor. For example, the influence of natural resource factors, natural resource factors do not affect the average quality of life of the people in one direction, and natural resource factors can both improve and reduce the average quality of life of the people.
Regions or countries with more land resources per capita can have lower land **, and the land purchasing power of the people is relatively high, which can improve the quality of life of the people. In areas or countries with more land resources per capita, the population density is relatively small, which will bring many increases in the cost of living, such as the increase in transportation costs, the inconvenience of people going to school or medical treatment, and the inconvenience of public entertainment. Attendance or medical care is not reflected in exchange rate GDP, or even purchasing power GDP.
Countries with more oil resources per capita export a large amount of oil will lead to the overvaluation of their own currency, which in turn will lead to the overestimation of their own per capita exchange rate GDP, and when the exchange rate GDP of these oil exporting countries is equal to the exchange rate GDP of non-oil exporting countries, the quality of life of the citizens of the oil-exporting countries is generally not as good as that of the citizens of the non-oil-exporting countries. The main reason is that the exchange rate GDP of oil-exporting countries is much overestimated, and these countries do not have such a high exchange rate GDP. The higher the domestic production efficiency, the more wealth will be created, and the higher the per capita exchange rate GDP, the higher the quality of life of the people. The higher the domestic production efficiency, the higher the comprehensive level of science and technology in the country, and the higher the medical level in the country, and the medical level plays a significant role in the quality of life of the people. The higher the domestic production efficiency, the richer the country. The richer the country, the higher the welfare of its citizens, and the higher the average quality of life of its citizens. When the exchange rate and GDP are the same, the average quality of life of citizens in countries with good welfare will be higher.
Environmental quality has an important impact on the quality of life, and GDP per capita has an important impact on the level of environmental pollution, and its impact is divided into two sections. When the per capita exchange rate GDP is low, there is a positive relationship between the level of environmental pollution and the per capita exchange rate GDP. When the per capita exchange rate GDP is relatively high, the level of environmental pollution is inversely related to the per capita exchange rate GDP. After deducting the impact of environmental pollution on the quality of life, the per capita quality of life is still positively related to the per capita exchange rate GDP.