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Classification, Detection and Consequences of Data Error : Evidence from the Human Development Index
Wolff, Hendrik - 2010
We measure and examine data error in health, education and income statistics used to construct the Human Development Index. We identify three sources of data error which are due to (i) data updating, (ii) formula revisions and (iii) thresholds to classify a country's development status. We...
Persistent link: https://www.econbiz.de/10012462085
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Newer Need Not be Better : Evaluating the Penn World Tables and the World Development Indicators Using Nighttime Lights
Pinkovskiy, Maxim - 2016
Penn World Tables and of the World Development Indicators better estimate true income per capita. We find that revisions of …-price series in both PWT 8.0 and PWT 8.1, the two most recent vintages of the PWT. We additionally find that the World Development … Indicators are as good, and often better, measures of unobserved true income as are any recent vintages of the Penn World Tables …
Persistent link: https://www.econbiz.de/10012456459
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Biological Health Risks and Economic Development
Frankenberg, Elizabeth - 2015
With populations aging and the epidemic of obesity spreading across the globe, global health risks are shifting toward non-communicable diseases. Innovative biomarker data from recently conducted population-representative surveys in lower, middle and higher income countries are used to describe...
Persistent link: https://www.econbiz.de/10012457390
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Global High-Resolution Estimates of the United Nations Human Development Index Using Satellite Imagery and Machine-learning
Sherman, Luke; Proctor, Jonathan; Druckenmiller, Hannah; … - National Bureau of Economic Research - 2023
The United Nations Human Development Index (HDI) is arguably the most widely used alternative to gross domestic product for measuring national development. This is in large part due to its multidimensional nature, as it incorporates not only income, but also education and health. However, the...
Persistent link: https://www.econbiz.de/10014247965
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Were COVID and the Great Recession Well-being Reducing?
Blanchflower, David G.; Bryson, Alex - National Bureau of Economic Research - 2023
' expectations of the economy and the labor market. Neither the UN's Human Development Index (HDI) nor data used in the World … Happiness Report from the Gallup World Poll shifted much in response to negative shocks. The HDI has been rising in the last …
Persistent link: https://www.econbiz.de/10014322884
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Free Trade and Global Warming : A Trade Theory View of the Kyoto Protocol
Copeland, Brian R. - 2000
economies, are false or need serious amendment in a world with international trade in goods. Since the three results we … a re-examination may be in order. Specifically, we demonstrate that in an open trading world, but not in a closed …
Persistent link: https://www.econbiz.de/10012471110
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Spatial Correlation, Trade, and Inequality : Evidence from the Global Climate
Dingel, Jonathan I. - 2019
This paper shows that greater global spatial correlation of productivities can increase cross-country welfare dispersion by increasing the correlation between a country's productivity and its gains from trade. We causally validate this prediction using a global climatic phenomenon as a natural...
Persistent link: https://www.econbiz.de/10012479403
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Long-Term Macroeconomic Effects of Climate Change : A Cross-Country Analysis
Kahn, Matthew E. - 2019
world real GDP per capita by 7.22 percent by 2100. On the other hand, abiding by the Paris Agreement, thereby limiting the …
Persistent link: https://www.econbiz.de/10012480113
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Climate Shocks, Cyclones, and Economic Growth : Bridging the Micro-Macro Gap
Bakkensen, Laura - 2018
Empirical analyses of climatic event impacts on growth, while critical for policy, have been slow to be incorporated into macroeconomic climate-economy models. This paper proposes a joint empirical-structural approach to bridge this gap for tropical cyclones. First, we review competing empirical...
Persistent link: https://www.econbiz.de/10012480548
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Estimating the Consequences of Climate Change from Variation in Weather
Lemoine, Derek - 2018
I formally relate the consequences of climate change to the time series variation in weather extensively explored by recent empirical literature. I show that reduced-form fixed effects estimators can recover the effects of climate if agents are myopic, if agents' payoff functions belong to a...
Persistent link: https://www.econbiz.de/10012480661