Portela, M.; Teulings, C.N.; Alessie, R. - School of Economics, Universiteit Utrecht - 2004
error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the … the measurement error. The standard attenuation bias suggests that using these corrected data would lead to a higher coe ….cient. Our regressions reveal the opposite. We discuss why the measurement error yields an overestimation. Our analysis …