Newer Need Not be Better: Evaluating the Penn World Tables and the World Development Indicators Using Nighttime Lights
---- Acknowledgments ----
We are very grateful to Robert Feenstra, Robert Inklaar and Marcel Timmer for very helpful comments. We are very grateful to Rachel Schuh for superb research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research, the Federal Reserve Bank of New York or of the Federal Reserve System.