Showing 1 - 10 of 2,799
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
World Distribution of Income and estimate poverty rates, poverty counts and various measures of income inequality and … welfare. Using the official $1/day line, we estimate that world poverty rates have fallen by 80% from 0.268 in 1970 to 0 … of the global poverty count in 2006 are much smaller than found by other researchers. We also find similar reductions in …
Persistent link: https://www.econbiz.de/10013150544
poverty incidence, but more slowly for the upper bound. Either way, the developing world has a higher poverty incidence but is … making more progress against poverty than the developed world …The paper provides new measures of global poverty that take seriously the idea of relative-income comparisons but also …
Persistent link: https://www.econbiz.de/10012948912
standard. The vast bulk of poverty, both absolute and relative, is now found in the developing world.Institutional subscribers …The paper critically assesses prevailing measures of global poverty. A welfarist interpretation of global poverty lines … falling incidence of poverty globally over the last 30 years. This is mainly due to lower absolute poverty counts in the …
Persistent link: https://www.econbiz.de/10012863688
compute world poverty rates by integrating the density function below the poverty lines. The $1/day poverty rate has fallen … person in the world. We then estimate the gaussian kernel density function for the worldwide distribution of income. We …
Persistent link: https://www.econbiz.de/10013230367
The traditional approach to poverty measurement puts no explicit weight on success at increasing the typical level of … available surveys for the developing world over 1981-2011, the expected value of the floor is about half the $1.25 a day poverty … value of the floor, allowing for transient effects and measurement errors in survey data. On using all suitable and …
Persistent link: https://www.econbiz.de/10013031210
The latest World Bank estimates of real GDP per capita for China are significantly lower than previous ones. We review …% higher relative to the U.S. in 2005 than the World Bank estimates …
Persistent link: https://www.econbiz.de/10013112848
The standard measures of nominal capital formation show the United States investing a proportion of GDP much lower than those of other developed countries throughout the last 25 years and falling further behind over time. In contrast, measures we have calculated in real terms across countries...
Persistent link: https://www.econbiz.de/10012763622
This paper provides the first estimates of within-industry heterogeneity in energy and CO2 productivity for the entire U.S. manufacturing sector. We measure energy and CO2 productivity as output per dollar energy input or per ton CO2 emitted. Three findings emerge. First, within narrowly defined...
Persistent link: https://www.econbiz.de/10012929555
This paper proposes a framework to account for innovation similar to the usual accounting framework in production analysis and a measure of innovativity comparable to that of total factor productivity. This innovation accounting framework is illustrated using micro-aggregated firm data from the...
Persistent link: https://www.econbiz.de/10013218733