Saturday, December 05, 2009

Graphic On The Real Cost of Buying A DVD

Here is another interesting chart from the Economist.

It shows of the "Time spent working to buy a DVD" or "the real cost of buying a DVD". Alternatively this could be seen as a measure of labor productivity.

According
to the Economist, ``JAPAN was the most expensive place to buy a DVD in 2008, according to Screen Digest, a consulting firm. But if time is also money, then workers in Mexico, who had to work an extra two hours to buy the same DVD, would probably feel aggrieved. Based on data from UBS, an average worker in Japan needs to toil for around 155 minutes to buy a DVD, whereas Mexicans must put their noses to the grindstone for about 280 minutes. China's workers are best off, on the job for just over half and hour and paying a mere $1.60 for a DVD. As the average film is around 100 minutes long, workers in Brazil, Hong Kong, France and India spend around the same time working to purchase a DVD as they spend watching it."

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