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Is newer better? Penn World Table Revisions and their impact on growth estimates

Citations

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Cited by:

  1. Antonio Ciccone, 2018. "Democratic Tipping Points," Economics Working Papers 1602, Department of Economics and Business, Universitat Pompeu Fabra.
  2. Musayev, Vusal, 2013. "Military Spending and Growth: An Empirical Exploration of Contingent Relationships," MPRA Paper 59783, University Library of Munich, Germany.
  3. Angus Deaton, 2010. "Understanding the Mechanisms of Economic Development," Journal of Economic Perspectives, American Economic Association, vol. 24(3), pages 3-16, Summer.
  4. repec:bla:jecsur:v:31:y:2017:i:1:p:326-342 is not listed on IDEAS
  5. Michael A. Clemens, 2017. "The Meaning Of Failed Replications: A Review And Proposal," Journal of Economic Surveys, Wiley Blackwell, vol. 31(1), pages 326-342, February.
  6. Kevin S. Nell & Maria M. De Mello, 2015. "Testing Capital Accumulation-Driven Growth Models in a Multiple-Regime Framework: Evidence from South Africa," CEF.UP Working Papers 1501, Universidade do Porto, Faculdade de Economia do Porto.
  7. Michalopoulos, Stelios & Papaioannou, Elias, 2010. "Divide and Rule or the Rule of the Divided? Evidence from Africa," CEPR Discussion Papers 8088, C.E.P.R. Discussion Papers.
  8. Antonio Ciccone & Marek Jarociński, 2010. "Determinants of Economic Growth: Will Data Tell?," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(4), pages 222-246, October.
  9. Markus Brückner & Antonio Ciccone & Andrea Tesei, 2012. "Oil Price Shocks, Income, and Democracy," The Review of Economics and Statistics, MIT Press, vol. 94(2), pages 389-399, May.
  10. Alwyn Young, 2012. "The African Growth Miracle," NBER Working Papers 18490, National Bureau of Economic Research, Inc.
  11. Moral-Benito, Enrique & Bartolucci, Cristian, 2012. "Income and democracy: Revisiting the evidence," Economics Letters, Elsevier, vol. 117(3), pages 844-847.
  12. John W. Dawson, 2015. "The Empirical Volatility-Growth Relationship: Is Economic Freedom the Missing Link?," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 30(Summer 20), pages 61-82.
  13. Pinkovskiy, Maxim L. & Sala-i-Martin, Xavier X., 2014. "Lights, camera,...income! Estimating poverty using national accounts, survey means, and lights," Staff Reports 669, Federal Reserve Bank of New York, revised 01 Jan 2015.
  14. Pinkovskiy, Maxim L. & Sala-i-Martin, Xavier X., 2016. "Newer need not be better: evaluating the Penn World Tables and the World Development Indicators using nighttime lights," Staff Reports 778, Federal Reserve Bank of New York.
  15. Rockey, James & Temple, Jonathan, 2016. "Growth econometrics for agnostics and true believers," European Economic Review, Elsevier, vol. 81(C), pages 86-102.
  16. Benjamin Bridgman & Michael Maio & James A. Schmitz, 2012. "What ever happened to the Puerto Rican sugar manufacturing industry?," Staff Report 477, Federal Reserve Bank of Minneapolis.
  17. Jetter, Michael & Parmeter, Christopher F., 2015. "Trade openness and bigger governments: The role of country size revisited," European Journal of Political Economy, Elsevier, vol. 37(C), pages 49-63.
  18. Jess Benhabib & Alejandro Corvalan & Mark M. Spiegel, 2011. "Reestablishing the Income-Democracy Nexus," NBER Working Papers 16832, National Bureau of Economic Research, Inc.
  19. Deeken, Tim, 2015. "Knowledge spillovers: On the impact of genetic distance and data revisions," Working Paper Series in Economics 74, Karlsruhe Institute of Technology (KIT), Department of Economics and Business Engineering.
  20. Jeanne, Olivier & Noland, Marcus & Subramanian, Arvind & Williamson, John, 2013. "Financial globalization and long-run growth: is Asia different?," MPRA Paper 55794, University Library of Munich, Germany.
  21. Herzer, Dierk, 2013. "Cross-Country Heterogeneity and the Trade-Income Relationship," World Development, Elsevier, vol. 44(C), pages 194-211.
  22. Madsen, Jakob B. & Islam, Md. Rabiul & Doucouliagos, Hristos, 2018. "Inequality, financial development and economic growth in the OECD, 1870–2011," European Economic Review, Elsevier, vol. 101(C), pages 605-624.
  23. repec:pri:rpdevs:deaton_understanding_mechanisms_of_economic_development_with_abstract_apr is not listed on IDEAS
  24. Michalopoulos, Stelios & Papaioannou, Elias, 2017. "Spatial Patterns of Development: A Meso Approach," Working Papers 4, Federal Reserve Bank of Minneapolis, Opportunity and Inclusive Growth Institute.
  25. Robert C. Feenstra & Robert Inklaar & Marcel P. Timmer, 2015. "The Next Generation of the Penn World Table," American Economic Review, American Economic Association, vol. 105(10), pages 3150-3182, October.
  26. 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.
  27. Antonio Ciccone, 2018. "Democratic Tipping Points," Working Papers 1026, Barcelona Graduate School of Economics.
  28. Halkos, George E. & Tzeremes, Nickolaos G., 2014. "The effect of electricity consumption from renewable sources on countries׳ economic growth levels: Evidence from advanced, emerging and developing economies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 166-173.
  29. Houssa, Romain, 2013. "Uncertainty about welfare effects of consumption fluctuations," European Economic Review, Elsevier, vol. 59(C), pages 35-62.
  30. James Feyrer, 2009. "Distance, Trade, and Income - The 1967 to 1975 Closing of the Suez Canal as a Natural Experiment," NBER Working Papers 15557, National Bureau of Economic Research, Inc.
  31. Berg, Andrew & Ostry, Jonathan D. & Zettelmeyer, Jeromin, 2012. "What makes growth sustained?," Journal of Development Economics, Elsevier, vol. 98(2), pages 149-166.
  32. Maxim Pinkovskiy & Xavier Sala-i-Martin, 2014. "Africa is on time," Journal of Economic Growth, Springer, vol. 19(3), pages 311-338, September.
  33. William D. Nordhaus & Xi Chen, 2012. "Improved Estimates of Using Luminosity as a Proxy for Economic Statistics: New Results and Estimates of Precision," Cowles Foundation Discussion Papers 1857, Cowles Foundation for Research in Economics, Yale University.
  34. Asger Moll Wingender, 2014. "Structural transformation in the 20th century: A new database on agricultural employment around the world," Discussion Papers 14-28, University of Copenhagen. Department of Economics.
  35. Christian Bjørnskov & Pierre-Guillaume Méon, 2015. "The productivity of trust," Post-Print CEB, ULB -- Universite Libre de Bruxelles, June.
  36. Veenstra, Joost, 2015. "Output growth in German manufacturing, 1907–1936. A reinterpretation of time-series evidence," Explorations in Economic History, Elsevier, vol. 57(C), pages 38-49.
  37. J. Vernon Henderson & Adam Storeygard & David N. Weil, 2012. "Measuring Economic Growth from Outer Space," American Economic Review, American Economic Association, vol. 102(2), pages 994-1028, April.
  38. Hull, Peter & Imai, Masami, 2013. "Economic shocks and civil conflict: Evidence from foreign interest rate movements," Journal of Development Economics, Elsevier, vol. 103(C), pages 77-89.
  39. Baptist, Simon & Teal, Francis, 2014. "Technology and Productivity in African Manufacturing Firms," World Development, Elsevier, vol. 64(C), pages 713-725.
  40. UEDA Kenichi & Stijn CLAESSENS, 2016. "Monopoly Rights and Economic Growth: An inverted U-shaped relation," Discussion papers 16093, Research Institute of Economy, Trade and Industry (RIETI).
  41. Xi Chen & William D. Nordhaus, 2010. "The Value of Luminosity Data as a Proxy for Economic Statistics," NBER Working Papers 16317, National Bureau of Economic Research, Inc.
  42. Sonia Bhalotra & Marcela Umaña-Aponte, 2010. "The Dynamics of Women’s Labour Supply in Developing Countries," The Centre for Market and Public Organisation 10/235, Department of Economics, University of Bristol, UK.
  43. Sutirtha Roy & Martin Kessler & Arvind Subramanian, 2016. "Glimpsing the End of Economic History? Unconditional Convergence and the Missing Middle Income Trap," Working Papers id:11404, eSocialSciences.
  44. Man, Georg, 2015. "Competition and the growth of nations: International evidence from Bayesian model averaging," Economic Modelling, Elsevier, vol. 51(C), pages 491-501.
  45. Laura A. Bakkensen & Robert O. Mendelsohn, 2016. "Risk and Adaptation: Evidence from Global Hurricane Damages and Fatalities," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(3), pages 555-587.
  46. John M. Piotrowski & Rabah Arezki & Reda Cherif, 2009. "Tourism Specialization and Economic Development; Evidence from the UNESCO World Heritage List," IMF Working Papers 09/176, International Monetary Fund.
  47. Deng, Kent & O’Brien, Patrick Karl, 2016. "China’s GDP per capita from the Han Dynasty to communist times," Economic History Working Papers 64857, London School of Economics and Political Science, Department of Economic History.
  48. Robert Inklaar & D. S. Prasada Rao, 2017. "Cross-Country Income Levels over Time: Did the Developing World Suddenly Become Much Richer?," American Economic Journal: Macroeconomics, American Economic Association, vol. 9(1), pages 265-290, January.
  49. Brückner, Markus, 2012. "An instrumental variables approach to estimating tax revenue elasticities: Evidence from Sub-Saharan Africa," Journal of Development Economics, Elsevier, vol. 98(2), pages 220-227.
  50. Stahler Kevin & Subramanian Arvind, 2014. "Versailles Redux? Eurozone Competitiveness in a Dynamic Balassa-Samuelson-Penn Framework," Journal of Globalization and Development, De Gruyter, vol. 5(2), pages 129-176, December.
  51. G. Jones & T. Kane, 2012. "U.S. Troops and Foreign Economic Growth," Defence and Peace Economics, Taylor & Francis Journals, vol. 23(3), pages 225-249, June.
  52. Martin Ravallion, 2010. "Understanding PPPs and PPP-Based National Accounts: Comment," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(4), pages 46-52, October.
  53. Lessmann, Christian & Seidel, André, 2017. "Regional inequality, convergence, and its determinants – A view from outer space," European Economic Review, Elsevier, vol. 92(C), pages 110-132.
  54. Matthew Lowe & Chris Papageorgiou & Fidel Perez-Sebastian, 2012. "The Public and Private MPK," DEGIT Conference Papers c017_021, DEGIT, Dynamics, Economic Growth, and International Trade.
  55. Vernon Henderson & Adam Storeygard & David N. Weil, 2011. "A Bright Idea for Measuring Economic Growth," American Economic Review, American Economic Association, vol. 101(3), pages 194-199, May.
  56. Michael Jetter & David Stadelmann, 2017. "Terror per capita," CREMA Working Paper Series 2017-01, Center for Research in Economics, Management and the Arts (CREMA).
  57. Angus Deaton & Alan Heston, 2010. "Understanding PPPs and PPP-Based National Accounts," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(4), pages 1-35, October.
  58. Doppelhofer, Gernot & Hansen, Ole-Petter Moe & Weeks, Melvyn, 2016. "Determinants of long-term economic Growth redux: A Measurement Error Model Averaging (MEMA) approach," Discussion Paper Series in Economics 19/2016, Norwegian School of Economics, Department of Economics.
  59. Bluhm, Richard & Szirmai, Adam, 2012. "Institutions and long-run growth performance: An analytic literature review of the institutional determinants of economic growth," MERIT Working Papers 033, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  60. Devereux, John & Dwyer, Gerald P., 2016. "What determines output losses after banking crises?," Journal of International Money and Finance, Elsevier, vol. 69(C), pages 69-94.
  61. Kerekes, Monika, 2012. "Growth miracles and failures in a Markov switching classification model of growth," Journal of Development Economics, Elsevier, vol. 98(2), pages 167-177.
  62. Jetter, Michael & Nikolsko-Rzhevskyy, Alex & Smith, William T., 2013. "The effects of wage volatility on growth," Journal of Macroeconomics, Elsevier, vol. 37(C), pages 93-109.
  63. Frenkel, Roberto & Rapetti, Martin, 2014. "The real exchange rate as a target of macroeconomic policy," MPRA Paper 59335, University Library of Munich, Germany.
  64. Mbaye, Samba, 2012. "Currency Undervaluation and Growth: Is there a Productivity Channel?," MPRA Paper 44261, University Library of Munich, Germany.
  65. Zimmermann, Christian, 2015. "On the Need for a Replication Journal," Working Papers 2015-16, Federal Reserve Bank of St. Louis.
  66. Kevin Stahler & Arvind Subramanian, 2014. "Versailles Redux? Eurozone Competitiveness in a Dynamic Balassa-Samuelson-Penn Framework," Working Paper Series WP14-10, Peterson Institute for International Economics.
  67. Oulton, Nicholas, 2015. "Space-time (In)consistency in the national accounts: causes and cures," LSE Research Online Documents on Economics 86285, London School of Economics and Political Science, LSE Library.
  68. Mick Silver, 2010. "IMF Applications of Purchasing Power Parity Estimates," IMF Working Papers 10/253, International Monetary Fund.
  69. Robert Hill & Daniel Melser, 2015. "Benchmark averaging and the measurement of changes in international income inequality," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 151(4), pages 767-801, November.
  70. Markus Eberhardt & Francis Teal, "undated". "Aggregation versus Heterogeneity in Cross-Country Growth Empirics," Discussion Papers 11/08, University of Nottingham, CREDIT.
  71. Martin Ravallion, 2014. "An Exploration of the International Comparison Program's New Global Economic Landscape," NBER Working Papers 20338, National Bureau of Economic Research, Inc.
  72. repec:unu:wpaper:wp2012-66 is not listed on IDEAS
  73. Jean Fouré & Agnès Bénassy-Quéré & Lionel Fontagné, 2013. "Modelling the world economy at the 2050 horizon," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 21(4), pages 617-654, October.
  74. Geert Bekaert & Alexander Popov, 2012. "On the Link Between the Volatility and Skewness of Growth," NBER Working Papers 18556, National Bureau of Economic Research, Inc.
  75. Oulton, Nicholas, 2015. "Understanding the space–time (in)consistency of the national accounts," Economics Letters, Elsevier, vol. 132(C), pages 21-23.
  76. Virginia Di Nino & Barry Eichengreen & Massimo Sbracia, 2011. "Real Exchange Rates, Trade, and Growth: Italy 1861-2011," Quaderni di storia economica (Economic History Working Papers) 10, Bank of Italy, Economic Research and International Relations Area.
  77. Peter H. Lindert, 2016. "Purchasing Power Disparity before 1914," NBER Working Papers 22896, National Bureau of Economic Research, Inc.
  78. Lionel Roger, 2015. "Foreign Aid, Poor Data, and the Fragility of Macroeconomic Inference," Discussion Papers 2015-06, University of Nottingham, CREDIT.
  79. Dierk Herzer & Oliver Morrissey, 2013. "Foreign aid and domestic output in the long run," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 149(4), pages 723-748, December.
  80. Ikonen, Pasi, 2010. "Effect of finance on growth through more efficient utilization of technological innovations," Research Discussion Papers 21/2010, Bank of Finland.
  81. Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2012. "Temperature Shocks and Economic Growth: Evidence from the Last Half Century," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(3), pages 66-95, July.
  82. Maxim Pinkovskiy & Xavier Sala-i-Martin, 2015. "Lights, Camera,... Income! Estimating Poverty Using National Accounts, Survey Means and Lights," LIS Working papers 645, LIS Cross-National Data Center in Luxembourg.
  83. Oasis Kodila-Tedika, 2014. "Africa's statistical tragedy: best statistics, best government effectiveness," International Journal of Development Issues, Emerald Group Publishing, vol. 13(2), pages 171-178, July.
  84. repec:kap:jecgro:v:22:y:2017:i:2:d:10.1007_s10887-016-9139-2 is not listed on IDEAS
  85. World Bank Group, 2017. "Special Economic Zones," World Bank Other Operational Studies 29054, The World Bank.
  86. repec:apl:wpaper:14-08 is not listed on IDEAS
  87. Maxim Pinkovskiy & Xavier Sala-i-Martin, 2018. "Shining a Light on Purchasing Power Parities," NBER Working Papers 24419, National Bureau of Economic Research, Inc.
  88. Reynaerts, Jo & Vanschoonbeek, Jakob, 2016. "The Economics of State Fragmentation - Assessing the Economic Impact of Secession," MPRA Paper 69681, University Library of Munich, Germany.
  89. Petar Stankov, 2010. "Deregulation, Economic Growth and Growth Acceleration," CERGE-EI Working Papers wp424, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
  90. Brückner, Markus & Gradstein, Mark, 2013. "Effects of transitory shocks to aggregate output on consumption in poor countries," Journal of International Economics, Elsevier, vol. 91(2), pages 343-357.
  91. Antonio Ciccone, 2018. "Democratic Tipping Points," CESifo Working Paper Series 6945, CESifo Group Munich.
  92. Manganelli, Simone & Popov, Alexander, 2015. "Financial development, sectoral reallocation, and volatility: International evidence," Journal of International Economics, Elsevier, vol. 96(2), pages 323-337.
  93. repec:eee:wdevel:v:105:y:2018:i:c:p:201-216 is not listed on IDEAS
  94. Carl-Johan Dalgaard & Casper Worm Hansen, 2015. "Climate Shocks and (very) Long-Run Productivity," Discussion Papers 15-15, University of Copenhagen. Department of Economics.
  95. Theodore R. Breton & John J. García, 2016. "ICP 2005 Construction Prices: Are They Underestimated in Developing Countries?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 62(2), pages 380-393, June.
  96. Breton, Theodore R., 2012. "Penn World Table 7.0: Are the data flawed?," Economics Letters, Elsevier, vol. 117(1), pages 208-210.
  97. Keola, Souknilanh & Andersson, Magnus & Hall, Ola, 2015. "Monitoring Economic Development from Space: Using Nighttime Light and Land Cover Data to Measure Economic Growth," World Development, Elsevier, vol. 66(C), pages 322-334.
  98. Francesco Ricci & Marios Zachariadis, 2013. "Education Externalities on Longevity," Economica, London School of Economics and Political Science, vol. 80(319), pages 404-440, July.
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