Showing posts with label Chile. Show all posts
Showing posts with label Chile. Show all posts

Friday, May 10, 2013

Chilean Lottery (Polla) Numbers for 2011

We looked at the financial numbers for 2011 and 2010 for Polla Chilena, one of the two official lotteries in Chile.

The basic numbers look as follows (in thousand CLP):

* Lottery Revenues can be categorized in the various games as follows (most of the revenues are from traditional lotto):



















** From the Payouts there is a 2% fee going to the Handling Agent and a 15% tax on lottery winnings.

*** The Various Beneficiaries are detailed as follows















This gives the following overview on where the revenues go (handling agent fee added to administration cost, all taxes and state beneficiary summed up):


















The following comments can be made when comparing these metrics to other lotteries:

  • low winner payout (typically in the 40-50% range)
  • high administration cost (normally less than 10%)
  • high take by the state (normally less than 20%, if that)
  • very low distribution to good causes (even when including the amount given to the "Instituto Nacional del Deporte", normally above 30%)

Reader comments as always welcome.


Tuesday, March 05, 2013

90-Year Precipitation and Temperature Data for Santiago de Chile (Quinta Normal Measuring Station)

We have looked at the meteorological/climatological yearbooks (Anuarios Meteorologicos 1920-1996/Anuario Climatologico 1997-2010) available for the period of 1920 to 2010 at the website of the Chilean Metearological Services (Dirección Meteorological de Chile). The data is unfortunately only available in pdf format, so we had to get through each report and retrieve the data manually. The datapoints for 1930 and 1962 were omitted as for the former, the 1931 reports was posted and for the latter data was not available for the Quinta Normal measuring station (we pondered whether to replace with Cerillos measuring station for 1962).

The following shows the time series for precipitation and temperature:




 






























The correlation matrix looks as follows. No surprises: temperature is correlated with AMO annd precipitacion with ENSO.









The temperature in Santiago (Quinta Normal) and AMO track each other quite closely. The increase in temperature was roughly 0.008 °C per year during the observation time.
















Correlation between precipitacion and ENSO is not so strong, but it is still visible from the following graph that high precipitation years typically go together with negative SOI values and vice versa. 2012 was a neutral year in terms of the ENSO cycle and a below average year in terms of precipitation.


Sunday, February 10, 2013

Voter Turnout Chile 1870 to 2012

The recent municipal election in Chile, saw a dramatically reduced voter turnout. This was mostly triggered by a change from compulsory to voluntary voting.

The following post briefly addresses the history of Chilean voter turnout from 1870 to present (2012). The period from 1870 to 1973 has been covered by Patricio Navia in a paper in the Revista de Ciencia Política (Journal of Political Science) from which the following table is extracted. The data is actually extracted from two books, namely:

  • Meller, Patricio. 1996. Un Siglo de Economía Política Chilena. 1980-1990. Santiago: Andrés Bello.
  • Cruz-Coke, Eduardo. 1984. Historia electoral de Chile, 1925-1973. Santiago: Editorial Jurídica de Chile.




















The period from 1988 to 2001 is covered in a second table basing itself on the INE (for Population data) and two government sites covering the current and previous (since 1989) elections.



















We have completed the data from 2001 to 2012. We added the population data back to 1988 and the voting age population data back to 1992 using INE's population projection. For the voting age population we took all the 20+ age cohorts and 40% of the 15-19 age cohort (rounded to values of 50'000). Note that the 2012 population data point (17.402 million) is significantly higher than the census data (16.572 million, see our previous post on the subject) and the 2012 voting age population data point (12.750 million) is significantly lower than the electoral registry data (13.404 million).

























The census data and the electoral registry are just horribly inconsistent, as shown is the following side by side table (note that the age cohorts for census data have been extrapolated from the total using the ratio of 0.7333 in terms of voting age population to total population as observed in the INE projection data, for the electoral registry the total population has been extrapolated using the same ratio). Given that some persons should appear in the census, but not in the electoral registry (foreigners with less than five years of residence, prisoners etc), the data of either the census or the electoral registry (or most likely both) seems indeed quite flawed.





















The voter turnout (voters as a percentage of voting age population) can be graphically summarized as follows:


Wednesday, December 05, 2012

Chile's Population (2012 Census)

The preliminary results of the 2012 Chilean census were recently covered in an Economist article: "Chile's economic statistics".
“Casengate”, as it has become known, is not the only recent statistical anomaly in Chile. Preliminary findings from this year’s census found only 16.6m Chileans. That was surprising since the projection by the National Statistics Institute (INE) from the previous census in 2002 was 17.4m. The new number seemed to confirm worries that this year’s census was poorly conducted. But it allowed Felipe Larraín, the finance minister, to point out wryly that the country’s income per head, at purchasing power parity, is around $19,000—a handy upward leap from $17,222 last year.
This lead to an response by one of Chile's leading economist, Dr. Klaus Schmidt-Hebbel from the Catholic University of Chile:
Furthermore, the 2012 census showed that Chile’s population fell well below the joint UN and government projection, and not, as you said, only below the projection provided by the National Statistics Institute. You infer that “the new number seems to confirm that this year’s census was poorly conducted.” In other words, you are saying that if reality differs from a projection based on ten-year- old data then reality must be wrong. Nor did you mention that the 2012 census was taken over a three-month period in order to survey a larger proportion of Chile’s population, whereas previous censuses were taken on one day. As a result the 2012 census had the largest coverage in Chilean history: 98.34% of households.
Let's look at the data. The following is an extract from the aforementioned preliminary results, which coincides with the 16.6 million mentioned by the Economist:

























Looking at the INE's vital statistics report from 2010, the numbers are as follows (especially note the footnote 1: "the census omission in 1960, 70 y 82 was 4,3%, 6,6% y 1,5%, census 1992 1,1% and for the census 2002 3,8%"). Unfortunately, it is not entirely clear whether the data for the census years is before or after correction for census omission.
























The 2010 vital statistics shows a strange anomaly with regard to the population growth which turns negative for the census years and then considerably above trend for the subsequent years (this assumes that omission have been incorporated in the above data set).
















Unfortunately, the INE has a third data set, namely it's population projection based in the 2001 census. This looks as follows:

























This leads to the following three (four) series of population data, which have been disseminated by the INE.




I started writing this post believing that the the difference between the preliminary census results and the population projection and vital statistics could be pretty much explained by an omission rate in line with the previous census. Now, I'm struggling to understand what is going on.

Demographic projections are pretty stable. In Chile's case it would mean the projection was more than 800'000 higher than the census results (or approximately 5%), almost 100'000 on an annual basis. Of the following possible explanations, I only view the last one as plausible:

  • birth's are over-reported by 100'000 birth a year (approx. 150'000 instead of 250'000)
  • death are under-reported by 100'000 birth a year (approx. 200'000 instead of 100'000)
  • net emigration is 100'000 a year
  • census omission rate continues do be in the order of 5%

Monday, November 05, 2012

Chile's Export Destinations and Products

Based on data from Chile's national costums service and export promotion agency (ProChile), we put together the following table of countries ranked by their exports for the first three quarters (January to September 2012) with the following data points:
  • country (only 25 largest export destinations)
  • export share (of January to September 2012 total)
  • change relative to same period in 2011
  • main export product
























Some observations:
  • the nine largest export market all suffered a decrease in line with the overall decrease of 7.7% (not shown on above table)
  • largest export market is China by a wide margin followed by USA and Japan
  • significant increases in exports to India, Australia and Switzerland
  • significant decreases in exports to Netherlands, Italy, Mexico, Canada, France and Germany
  • stable exports to Spain (where a significant decrease might have been expected)

As expected, copper is the principal export product for most markets. The following export categories are exceptions to the rule:
  • Services for Peru and Argentina
  • Gold for Switzerland
  • Fruit for Colombia and Ecuador
  • Wine for UK