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Technology in the Great Divergence
Clark, Gregory; Feenstra, Robert C. - 2021
things: (1) that incomes per capita diverged more around the world after 1800 than before; (2) that the source of this …
Persistent link: https://www.econbiz.de/10013221862
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Estimating Real Production and Expenditures Across Nations : A Proposal for Improving the Penn World Tables
Feenstra, Robert C.; Heston, Alan W.; Timmer, Marcel P.; … - 2021
In this paper we propose a new approach to international comparisons of real GDP measured from the output-side. The traditional Geary-Khamis system to measure real GDP from the expenditure-side is modified to include differences in the terms of trade between countries. It is shown that this...
Persistent link: https://www.econbiz.de/10013240994