As @LdelaEscosura has shown for Spain, the typical ratio-splicing method used in Maddison Project-style estimates tends to underestimate growth rates for developing countries experiencing structural transformation: https://t.co/jIkEInCkrj. 13/
RT @LdelaEscosura: Just published "Mismeasuring long-run growth: the bias from splicing national accounts" Cliometrica #Springer https://t.…
RT @LdelaEscosura: Just published "Mismeasuring long-run growth: the bias from splicing national accounts" Cliometrica #Springer https://t.…
RT @LdelaEscosura: Just published "Mismeasuring long-run growth: the bias from splicing national accounts" Cliometrica #Springer https://t.…