Table 3 Summary of socio-economic indexes used
From: Analysis of the Bitcoin blockchain: socio-economic factors behind the adoption
Socio-economic index | Additional information | Source |
|---|---|---|
Internet penetration | Individuals using the Internet (% of population) | World bank[1] |
Population | World bank | |
GDP per capita (PPP) | GDP per capita converted to international dollars using purchasing power parity rates | World bank[1] |
Inflation | GDP deflator (annual %) | World bank[1] |
HDI | Human develop index | World bank[1] |
Developing index | Classification: developing/developed | United Nations[2] |
World Bank countries classification | Countries are divided into four income groupings: low (L), lower-middle (LM), upper-middle (UM) and high (H). Income is measured using gross national income (GNI) per capita | World bank[1] |
Overall freedom | Freedom from economical, political and social point of view. Values between 0–100 | Heritage Foundation[3] |
Freedom to trade | Freedom to trade goods. Values between 0–100 | Heritage Foundation[3] |