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A Rise By Any Other Name? Sensitivity of Growth Regressions to Data Source

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  • Randall Filer

    ()

  • Jan Hanousek
  • Dana Hajkova

Abstract

Measured rates of growth in real per capita income differ drastically depending on the data source. This phenomenon occurs largely because data sets differ in whether and how they adjust for changes in relative prices across countries. Replication of several recent studies of growth determinants shows that results are sensitive in important ways to the choice of data. Previous warnings against using data adjusted to increase cross-country comparability to study within-country patterns over time (growth rates) have been largely ignored at the cost of possibly contaminating the conclusions.

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File URL: http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp889.pdf
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Bibliographic Info

Paper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number wp889.

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Length: pages
Date of creation: 01 Jul 2007
Date of revision:
Handle: RePEc:wdi:papers:2007-889

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Keywords: Growth; Measurement;

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  7. Jonathan Temple, 1999. "The New Growth Evidence," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 112-156, March.
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Cited by:
  1. Andersen, Thomas Barnebeck & Dalgaard, Carl-Johan, 2012. "Power outages and economic growth in Africa," Discussion Papers of Business and Economics 7/2012, Department of Business and Economics, University of Southern Denmark.
  2. Hanushek, Eric A. & Wößmann, Ludger, 2012. "Do better schools lead to more growth? Cognitive skills, economic outcomes, and causation," Munich Reprints in Economics 20400, University of Munich, Department of Economics.
  3. Bas, Maria & Ledezma, Ivan, 2007. "Market Access and the Evolution of within Plant Productivity in Chile," Economics Papers from University Paris Dauphine 123456789/6913, Paris Dauphine University.
  4. Jong-A-Pin, R. & Mierau, J. O., 2011. "No Country for Old Men: Aging Dictators and Economic Growth," Cambridge Working Papers in Economics 1158, Faculty of Economics, University of Cambridge.
  5. Ulaşan, Bülent, 2012. "Cross-country growth empirics and model uncertainty: An overview," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy, vol. 6(16), pages 1-69.
  6. Tobias Körner & Isabel Schnabel, 2010. "Public Ownership of Banks and Economic Growth – The Role of Heterogeneity," Working Paper Series of the Max Planck Institute for Research on Collective Goods 2010_41, Max Planck Institute for Research on Collective Goods.
  7. David Warner & Prasada Rao & William E. Griffiths & Duangkamon Chotikapanich, 2011. "Global Inequality: Levels and Trends, 1993-2005," Discussion Papers Series 436, School of Economics, University of Queensland, Australia.
  8. repec:pdn:wpaper:15 is not listed on IDEAS
  9. repec:pdn:wpaper:17 is not listed on IDEAS

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