Yes, that’s right. The World Bank reports data for West Bank and Gaza together, but you can corroborate that this holds true (from other sources) even if you just look at Gaza as a standalone economy. India’s per capita GDP is around $2400, and seems like the metric for the Gaza strip hovers somewhere around $2,800.
Important to note that Gaza (and the West Bank) have incomes below that of the surrounding Arab countries like Jordan at $4,000 or Egypt at $3,700. (Not to mention much higher incomes in Syria and Lebanon before their recent declines).
a) Why are low cost countries further away on average than high cost countries? Also, large countries would be paying the same amount for shipping(intranationally) - goods should be expected to move the same amount of distance. Is there anything specifically about crossing national borders that is costly?
b) Same - it would be a very strange kind of good whose production function includes fixed costs per country
c) Electricity is both rivalrous and excludable. In any case it's weird to have a country as a unit fixed costs for versus, say a city or a settlement
Important to note that Gaza (and the West Bank) have incomes below that of the surrounding Arab countries like Jordan at $4,000 or Egypt at $3,700. (Not to mention much higher incomes in Syria and Lebanon before their recent declines).
The CIA link says India $6,600 and Gaza $5,600
Point 3 is quite bizarre.
a) Why are low cost countries further away on average than high cost countries? Also, large countries would be paying the same amount for shipping(intranationally) - goods should be expected to move the same amount of distance. Is there anything specifically about crossing national borders that is costly?
b) Same - it would be a very strange kind of good whose production function includes fixed costs per country
c) Electricity is both rivalrous and excludable. In any case it's weird to have a country as a unit fixed costs for versus, say a city or a settlement
How are transfer and aid payments considered in this? Didn't Qatar and other countries send money to Gaza?
Gaza GDP is a bit inflated by the strong shekel