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Aggregate measures of real GDP growth obtained from the GDP by Industry Accounts often differ from the featured measure of real GDP growth obtained from the National Income and Product Accounts (NIPAs). We find that differences in source data account for most of the difference in aggregate real...
Persistent link: https://www.econbiz.de/10012467614
A persistent issue in environmental economics is whether growth is sustainable. Pollution is a key driver of sustainability, which we define as an economy exhibiting falling pollution damages at its balanced growth path. We deduct air pollution and carbon dioxide damages from the national...
Persistent link: https://www.econbiz.de/10012481593
, and economic historians. Frequently used global data come from the Penn World Table (PWT) and the World Bank's World … Development Indicators; a substantial fraction of the world is also covered in the PPP accounts produced by the OECD and the …; version 7.0 of the Penn World Table will soon incorporate these results. The 2005 ICP, like earlier rounds, involved …
Persistent link: https://www.econbiz.de/10012464148
Digital goods can generate large benefits for consumers, but these benefits are largely unmeasured in the national accounts, including GDP and productivity. In this paper, we measure welfare gains from 10 popular digital goods across 13 countries by conducting large-scale incentivized online...
Persistent link: https://www.econbiz.de/10014372427
the world averages more than 6% per year since 1960 as opposed to 2% per year for consumption growth. Countries such as …
Persistent link: https://www.econbiz.de/10014447320
Persistent link: https://www.econbiz.de/10015062430
, the Penn World Table (PWT) will be taken over by the University of California, Davis and the University of Groningen, with …
Persistent link: https://www.econbiz.de/10012459406
This paper deals with two issues related to the way in which the state of food insecurity in the world can be assessed …
Persistent link: https://www.econbiz.de/10012459800
We develop a procedure to rank-order countries and commodities using dis-aggregated American imports data. We find strong evidence that both countries and commodities can be ranked, consistent with the product cycle' hypothesis. Countries habitually begin to export goods to the United States...
Persistent link: https://www.econbiz.de/10012472846
Integrating national accounting with financial accounting, we provide firm-specific estimates of current-cost capital stocks for the entire Compustat universe, as well as an array of estimates of investment flows, economic depreciation rates, and capital and investment price deflators. The...
Persistent link: https://www.econbiz.de/10013191052