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

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dc.contributor.authorIslam, Asif Mohammed
dc.contributor.authorLederman, Daniel
dc.date.accessioned2024-07-01T16:48:21Z
dc.date.available2024-07-01T16:48:21Z
dc.date.issued2024-07-01
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-Growth-in-Developing-Economies-during-and-after-the-Global-Financial-Crisis
dc.identifier.doi10.1596/1813-9450-9493
dc.identifier.urihttps://hdl.handle.net/10986/41802
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 9493
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectDATA TRANSPARENCY
dc.subjectSTATISTICS
dc.subjectECONOMIC GROWTH
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.subjectSDG 8
dc.subjectDETERMINANTS OF ECONOMIC GROWTH
dc.subjectREAL GROSS DOMESTIC PRODUCT
dc.subjectDATA COLLECTION ACTIVITY
dc.subjectQUALITY OF DATA
dc.titleData Transparency and Growth in Developing Economies during and after the Global Financial Crisisen
dc.typeWorking Paper
dspace.entity.typePublication
okr.date.disclosure2024-07-01
okr.date.lastmodified2020-12-09T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/947471607543857349/Data-Transparency-and-Growth-in-Developing-Economies-during-and-after-the-Global-Financial-Crisis
okr.guid947471607543857349
okr.identifier.docmid090224b08872ec73
okr.identifier.doi10.1596/1813-9450-9493
okr.identifier.externaldocumentum090224b08872ec73_2_0
okr.identifier.internaldocumentum32654156
okr.identifier.reportWPS9493
okr.import.id4655
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/947471607543857349/pdf/Data-Transparency-and-Growth-in-Developing-Economies-during-and-after-the-Global-Financial-Crisis.pdfen
okr.region.geographicalWorld
okr.topicIndustrial Economics
okr.topicEconomic Theory and Research
okr.topicEconomic Growth
okr.topicFinancial Sector Policy
okr.topicInternational Economics and Trade
okr.topicMacroeconomics and Economic Growth
okr.unitOffice of the Chief Economist (MNACE)
relation.isAuthorOfPublication2c812f70-403a-5905-88e4-bd90a5f31e96
relation.isAuthorOfPublication.latestForDiscovery2c812f70-403a-5905-88e4-bd90a5f31e96
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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