Do countries falsify economic date strategically? Some evidence that they do
Gilles Stoltz and
Tomasz Michalski
Working Papers from HAL
Abstract:
We find evidence supporting the hypothesis that countries at times misreport their economic data in a strategic manner. Among those suspected are countries with xed exchange rate regimes, high negative net foreign asset positions or negative current account balances, which corroborates the intuition developed with a simple economic model. We also note that countries with bad institutional quality rankings and those in Africa, Middle East, Eastern Europe and Latin America release economic data of questionable veracity. Our evidence calls for models with public signals to consider strategic misinformation and for establishing independent statistical agencies to assure the delivery of high quality economic data.
Keywords: capital flows; public information provision; misinformation; Benford's law; transparency (search for similar items in EconPapers)
Date: 2010-04
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Published in 2010
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Related works:
Working Paper: Do Countries Falsify Economic Data Strategically? Some Evidence that They Do (2013)
Working Paper: Do Countries falsify Economic Data Strategically? Some Evidence That They Do (2010) 
Working Paper: Do countries falsify economic date strategically? Some evidence that they do (2010) 
Working Paper: Do countries falsify economic data strategically? Some evidence that they do (2010)
Working Paper: Do countries falsify economic data strategically? Some evidence that they do (2010)
Working Paper: Do countries falsify economic date strategically? Some evidence that they do (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-00579319
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