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Migration continues to be a very important income diversification strategy, especially for poor populations in developing countries. However, while there has been much analysis on the economic consequences of migration for migrants and the receiving regions, whether internal migration improves...
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Penn World Tables (PWT) and of the World Development Indicators (WDI) better estimate true income per capita. We find that … constant-price series in both PWT 8.0 and PWT 8.1, the two most recent vintages of the PWT. We additionally find that the World … Development Indicators are as good, and often better, measures of unobserved true income as any recent vintages of the Penn World …
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