Is Newer Better? Penn World Table Revisions and Their Impact on Growth Estimates

Simon Johnson, William Larson, Chris Papageorgiou, Arvind Subramanian

NBER Working Paper No. 15455
Issued in October 2009

---- Acknowledgements -----

We thank Daron Acemoglu, Francesco Caselli, Michael Clemens, Erwin Diewert, Robert Feenstra, Benjamin Jones, Chad Jones, Aart Kraay, Benjamin Olken, Mick Silver, Antonio Spilimbergo, Nancy Stokey, Alwyn Young, and especially Angus Deaton, Alan Heston, David Romer, and David Weil, for comments, encouragement and suggestions, and seminar participants at Brown University, the Bureau of Economic Analysis, IMF, Oxford University, the University of Pennsylvania (2008 Penn World Table workshop), Princeton University, the Econometric Society Summer Meeting (Boston 2009), the NBER Summer Institute (Economic Growth workshop, and Wealth and Inequality workshop 2009), the Society for Economic Dynamics Meeting (Istanbul 2009) and the World Bank. The views expressed here are those of the authors only.

return to bibliography page