The Other Side of the Moon: The Data Problem in Analyzing Growth Determinants

Jan Hanousek, Dana Hájková and Randall Filer

William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

Abstract: Replication of two recent studies of growth determinants shows that results are sensitive to the choice of data from which growth rates are calculated, especially with respect to whether economic convergence has occurred. Previous warnings against using data that has been 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.

Keywords: Growth; Measurement; Developing Economies (search for similar items in EconPapers)
JEL-codes: C82 O47 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2004-05-01
New Economics Papers: this item is included in nep-dev, nep-lam and nep-tra
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Citations: View citations in EconPapers (3)

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Working Paper: The Other Side of the Moon: The Data Problem in Analysing Growth Determinants (2004)
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