Showing 1 - 10 of 3,065
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
National Time Accounting is a way of measuring society's well-being, based on time use. Its explicit form is the U-index, for quot;unpleasantquot; or quot;undesirablequot;, which measures the proportion of time an individual spends in an unpleasant state. In this paper I review cross-country...
Persistent link: https://www.econbiz.de/10012758405
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
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
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
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
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
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
We conduct a comparative welfare analysis of 133 historical policy changes over the past half-century in the United States, focusing on policies in social insurance, education and job training, taxes and cash transfers, and in-kind transfers. For each policy, we use existing causal estimates to...
Persistent link: https://www.econbiz.de/10013224352
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