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Measuring Quarterly Economic Growth from Outer Space
Beyer, Robert - 2022
This paper presents a novel framework to estimate the elasticity between nighttime lights and quarterly economic activity. The relationship is identified by accounting for varying degrees of measurement errors in nighttime light data across countries. The estimated elasticity is 1.55 for...
Persistent link: https://www.econbiz.de/10015060380
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The Myth of Post-Reform Income Stagnation
Carvalho Filho, Irineu E. - 2008
Economic policies are often judged by a handful of statistics, some of which may be biased during periods of change. We estimate the income growth implied by the evolution of food demand and durable good ownership in post-reform Brazil and Mexico, and find that changes in consumption patterns...
Persistent link: https://www.econbiz.de/10012677643
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How Can Burundi Raise Its Growth Rate?The Impact of Civil Conflicts and State Intervention on Burundi's Growth Performance
Basdevant, Olivier - 2009
Over the last thirty years Burundi's low economic growth has led to a significant decline in per capita GDP. The purpose of this paper is to shed light on supply-side constraints that prevented Burundi's economy from growing faster. Lack of investment, civil conflict, economic inefficiencies,...
Persistent link: https://www.econbiz.de/10012677702
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Why Isn't South Africa Growing Faster? A Comparative Approach
Eyraud, Luc - 2009
The purpose of this paper is to examine factors that have constrained South Africa's growth since the end of apartheid by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The study finds that sluggish investment has undermined...
Persistent link: https://www.econbiz.de/10012677704
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Reassessing GDP Growth in Countries with Statistical Shortcomings - A Case Study on Turkmenistan
Gogoberishvili, Levan - 2023
Reliable national accounts are essential for proper economic analyses and informed policymaking by national authorities as well as other stakeholders. Nevertheless, in many countries, national accounts statistics are subject to serious shortcomings, which are often manifested as overestimated...
Persistent link: https://www.econbiz.de/10015059057
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Public Debt and Real GDP: Revisiting the Impact
de Soyres, Constance - 2022
This paper provides new empirical evidence of the impact of an unanticipated change in public debt on real GDP. Using public debt forecast errors, we identify exogenous changes in public debt to assess the impact of a change in the debt to GDP ratio on real GDP. By analyzing data on gross public...
Persistent link: https://www.econbiz.de/10015060462
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International Income Convergence
Francois, Joseph F. - 2008
Persistent link: https://www.econbiz.de/10012682178
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Life Expectancy and Income Convergence in the World : A Dynamic General Equilibrium Analysis
Ueda, Kenichi - 2008
There is world-wide convergence in life expectancy, despite little convergence in GDP per capita. If one values longer … life much more than material happiness, the world living standards may this have already converged substantially. This … among countries. A conventional GDP-based measure remains a good approximation for (non) convergence in world living …
Persistent link: https://www.econbiz.de/10014409039
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Life Expectancy and Income Convergence in the World
Ueda, Kenichi - 2008
There is world-wide convergence in life expectancy, despite little convergence in GDP per capita. If one values longer … life much more than material happiness, the world living standards may this have already converged substantially. This … among countries. A conventional GDP-based measure remains a good approximation for (non) convergence in world living s …
Persistent link: https://www.econbiz.de/10012677614
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Tax composition and growth : a broad cross-country perspective
Acosta-Ormaechea, Santiago; Yoo, Jiae - 2012
We investigate the relation between changes in tax composition and long-run economic growth using a new dataset covering a broad cross-section of countries with different income levels. We specifically consider 69 countries with at least 20 years of observations on total tax revenue during the...
Persistent link: https://www.econbiz.de/10009659768