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

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

This paper sheds light on two problems in the Penn World Table (PWT) GDP estimates. First, we show that these estimates vary substantially across different versions of the PWT despite being derived from very similar underlying data and using almost identical methodologies; that the methodology deplo...

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Bibliographic Details
Main Authors: Johnson, Simon (Contributor), Larson, William (Author), Papageorgiou, Chris (Author), Subramanian, Arvind (Author)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: Elsevier B.V., 2014-06-11T16:33:33Z.
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