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African growth miracle or statistical tragedy? : interpreting trends in the data over the past two decades
Jerven, Morten - 2014
This paper reviews the current problems of national accounting in Sub-Saharan Africa. With the current uneven application of methods and availability of data, any ranking of countries according to gross domestic product levels is misleading. It is increasingly acknowledged that the problems...
Persistent link: https://www.econbiz.de/10010406846
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Newer need not be better : evaluating the Penn World Tables and the World Development Indicators using nighttime lights
Pinkovskiy, Maxim; Sala-i-Martin, Xavier - 2016
predicting unobserved true income). In particular, we find that the PWT 7.1 chain-based GDP series substantially outperforms the … of their price survey. We conclude that GDP series based on unadjusted domestic growth rates alone predict growth rates …
Persistent link: https://www.econbiz.de/10011484020
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Characterizing growth instability : new evidence on unit roots and structural breaks in long run time series
Russo, Emanuele; Foster-McGregor, Neil; Verspagen, Bart - 2019
In this paper we investigate whether long run time series of income per capita are better described by a trend-stationary model with few structural changes or by unit root processes in which permanent stochastic shocks are responsible for the observed growth discontinuities. To this purpose, we...
Persistent link: https://www.econbiz.de/10012098522
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On the shoulders of giants : tracing back the intellectual sources of the current debate on "GDP and beyond" to the 19th century
Moore, Nils aus dem; Schmidt, Christoph M. - 2013
international debate on "GDP and beyond". In contrast to similar efforts displayed in previous decades, the current projects …
Persistent link: https://www.econbiz.de/10011419175
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The effect of interest rate, inflation rate, GDP, on real economic growth rate in Jordan
Saymeh, Abdul Aziz Farid; Marwan Mohammad Abu Orabi - 2013
The main objective of this study is to investigate the effect of interest rate, inflation rate, and GDP on real … the integration order of the variables. Acointegration analysis with four variables (economic growth, interest rate, GDP … rate. Finally regression used to test GDP, interest rate, and inflation rate together; results have shown that current GDP …
Persistent link: https://www.econbiz.de/10009755676
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Aggregate output measurements: a common trend approach
Almuzara, Martín; Fiorentini, Gabriele; Sentana, Enrique - 2021
.S. quarterly data on GDP and GDI, obtaining an improved aggregate output measure. …
Persistent link: https://www.econbiz.de/10012498150
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The aggregation problem : implications for ecological and biophysical economics
Fix, Blair - 2019
This article discusses the aggregation problem and its implications for ecological economics. The aggregation problem consists of a simple dilemma: when adding heterogeneous phenomena together, the observer must choose the unit of analysis. The dilemma is that this choice affects the resulting...
Persistent link: https://www.econbiz.de/10012053632
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Measuring economic well-being and sustainability : a practical agenda for the present and the future
Ven, Peter J. van de - In: Eurostat review on national accounts and macroeconomic … (2019) 1, pp. 7-41
Gross domestic product (GDP) is the most widely used indicator from the system of national accounts. Although often …
Persistent link: https://www.econbiz.de/10012133155
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What 31 provinces reveal about growth in China
Kerola, Eeva; Mojon, Benoît - 2021
increasingly more difficult after the real GDP doubling target was announced in 2012 and the official real GDP statistics lost …
Persistent link: https://www.econbiz.de/10012424978
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The measurement of public goods : lessons from 10 years of Atkinson in the United Kingdom
Foxton, Fred; Grice, Joseph; Heys, Richard; Lewis, James - In: Eurostat review on national accounts and macroeconomic … (2019) 2, pp. 7-50
When considering issues of measuring welfare beyond gross domestic product (GDP), a key ongoing, but unfinished, agenda … approximation of the value added by key public services, and thus their contribution to GDP. New data and intelligent use of …
Persistent link: https://www.econbiz.de/10012171765