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The main objective of this study is to investigate the effect of interest rate, inflation rate, and GDP on real …, and inflation level) is employed. Study adopted Johansen test. Findings indicated that both trace test and max eigenvalue … inflation causes interest rate. On the other hand all other variables are independent with each other. Regressionwas conducted …
Persistent link: https://www.econbiz.de/10009755676
I study the manipulation of GDP growth statistics in non-democracies by comparing the self-reported GDP figures to the nighttime lights recorded by satellites from outer space. I show that the night-lights elasticity of GDP is systematically larger in more authoritarian regimes. This autocracy...
Persistent link: https://www.econbiz.de/10012900358
This paper investigates the informational content of regular revisions to real GDP growth and its components. We perform a real-time forecasting exercise for the advance estimate of real GDP growth using dynamic regression models that include revisions to GDP and its components. Echoing other...
Persistent link: https://www.econbiz.de/10012864832
The paper examines the disruption of statistics with the publication of the 2015 Ireland GDP at +26.3 per cent year on year. The figure was greeted by international disbelief. Ireland's statistical authorities reacted with the publication, for the main aggregates, of modified data in parallel...
Persistent link: https://www.econbiz.de/10012865590
A number of studies, mostly on the US economy, have shown that real GDP growth could be underestimated due to the imperfect accounting of quality changes of goods and services. Moreover, GDP growth as the indicator reflecting the aggregate growth of the output of the economy does not enable one...
Persistent link: https://www.econbiz.de/10012920344
I study the overstatement of GDP growth in autocratic regimes by comparing the self-reported GDP figures to the night time lights (NTL) recorded by satellites from outer space. I show that the NTL elasticity of GDP is systematically larger in more authoritarian regimes. This autocracy gradient...
Persistent link: https://www.econbiz.de/10013219844
We evaluate the usefulness of satellite-based data on nighttime lights for the prediction of annual GDP growth across a global sample of countries. Going beyond traditional measures of luminosity, such as the sum of lights within a country's borders, we propose several innovative distribution-...
Persistent link: https://www.econbiz.de/10011619456
This paper estimates determinants of long-run growth rates of GDP per capita in a cross section of countries. We propose a novel Measurement Error Model Averaging (MEMA) approach that accounts for measurement error in international income data as well as model uncertainty. Estimating the model...
Persistent link: https://www.econbiz.de/10012965252
"harmful inflation" regime for higher nominal GDP growth rates, these results have strong implications for guiding recent …
Persistent link: https://www.econbiz.de/10012816136
zurückgeführt werden kann. -- Konsumentenpreisindex ; Wirtschaftswachstum ; statistische Verzerrung ; statistische Artefakte ; USA …
Persistent link: https://www.econbiz.de/10002521570