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

Randall Filer (), Jan Hanousek () and Dana Hájková

No wp889, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan Stephen M. Ross Business School

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.

Keywords: Growth; Measurement (search for similar items in EconPapers)
JEL-codes: C82 O47 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev
Date: Written 2007-07-01
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http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp889.pdf

Related works:
Working Paper: A Rise by Any Other Name? Sensitivity of Growth Regressions to Data Source (2007)
Journal Article: A rise by any other name? Sensitivity of growth regressions to data source (2008)
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