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

Jan Hanousek, Randall Filer and Hájková, Dana
Authors registered in the RePEc Author Service: Dana Hájková

No 4349, CEPR Discussion Papers from Centre for Economic Policy Research

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 (search for similar items in EconPapers)
JEL-codes: C82 O47 (search for similar items in EconPapers)
Date: 2004-04
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Citations: View citations in EconPapers (1)

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