Publication:
Data Transparency and Growth in Developing Economies during and after the Global Financial Crisis

dc.contributor.authorIslam, Asif Mohammed
dc.contributor.authorLederman, Daniel
dc.date.accessioned2020-12-10T16:02:32Z
dc.date.available2020-12-10T16:02:32Z
dc.date.issued2020-12
dc.description.abstractThe study explores the effects of data transparency on economic growth for developing economies over a unique time period—at the onset of the 2007–2009 global financial crisis and thereafter. Data transparency is defined as the timely production of credible statistics as measured by the Statistical Capacity Indicator. The paper finds that data transparency has a positive effect on real gross domestic product per capita during a period of considerable uncertainty. The estimates indicate an elasticity of the magnitude of 0.03 percent per year, which is much larger than the elasticity of trade openness and schooling in the estimation sample. The empirics employ a variety of econometric estimators, including dynamic panel and cross-sectional instrumental variables estimators, with the latter approach yielding a higher estimated elasticity. The findings are robust to the inclusion of several factors in addition to political institutions and exogenous commodity-price and external debt-financing shocks.en
dc.identifierhttp://documents.worldbank.org/curated/en/947471607543857349/Data-Transparency-and-Long-Run-Growth
dc.identifier.urihttps://hdl.handle.net/10986/34915
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 9493
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectDATA TRANSPARENCY
dc.subjectSTATISTICS
dc.subjectECONOMIC GROWTH
dc.subjectSTATISTICAL CAPACITY
dc.titleData Transparency and Growth in Developing Economies during and after the Global Financial Crisisen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.date.disclosure2020-12-09
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/947471607543857349/Data-Transparency-and-Long-Run-Growth
okr.guid947471607543857349
okr.identifier.doi10.1596/1813-9450-9493
okr.identifier.externaldocumentum090224b0880a4e8e_1_0
okr.identifier.internaldocumentum32654156
okr.identifier.reportWPS9493
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/947471607543857349/pdf/Data-Transparency-and-Long-Run-Growth.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.geographicalMiddle East
okr.region.geographicalNorth Africa
okr.statistics.combined2368
okr.statistics.dr947471607543857349
okr.statistics.drstats1371
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Policy, Institutions and Governance
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.topicMacroeconomics and Economic Growth::Knowledge Economy
okr.topicScience and Technology Development::Statistical & Mathematical Sciences
okr.unitOffice of the Chief Economist, Middle East and North Africa Region
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