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How Much Should We Trust the Dictator’s GDP Growth Estimates?
I study the overstatement of economic growth in autocracies by comparing self-reported GDP figures to night-time light recorded by satellites from outer space. I show that the night-time-light elasticity of GDP is larger in authoritarian regimes, even accounting for differences in multiple country c...
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Published in: | The Journal of political economy 2022-10, Vol.130 (10), p.2731-2769 |
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container_title | The Journal of political economy |
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creator | Martínez, Luis R. |
description | I study the overstatement of economic growth in autocracies by comparing self-reported GDP figures to night-time light recorded by satellites from outer space. I show that the night-time-light elasticity of GDP is larger in authoritarian regimes, even accounting for differences in multiple country characteristics. This autocracy gradient in the elasticity is greater when the incentive to exaggerate economic growth is stronger or when the constraints on exaggeration are weaker. The results suggest that autocracies overstate yearly GDP growth by approximately 35%. Adjusting the data for manipulation leads to a more nuanced view on the recent economic success of autocracies. |
doi_str_mv | 10.1086/720458 |
format | article |
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I show that the night-time-light elasticity of GDP is larger in authoritarian regimes, even accounting for differences in multiple country characteristics. This autocracy gradient in the elasticity is greater when the incentive to exaggerate economic growth is stronger or when the constraints on exaggeration are weaker. The results suggest that autocracies overstate yearly GDP growth by approximately 35%. Adjusting the data for manipulation leads to a more nuanced view on the recent economic success of autocracies.</description><subject>Autocracy</subject><subject>Economic growth</subject><subject>Economic theory</subject><subject>Exaggeration</subject><subject>GDP</subject><subject>Gross Domestic Product</subject><subject>Manipulation</subject><subject>Outer space</subject><subject>Political economy</subject><subject>Satellites</subject><issn>0022-3808</issn><issn>1537-534X</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2022</creationdate><recordtype>article</recordtype><sourceid>7UB</sourceid><sourceid>8BJ</sourceid><recordid>eNpFkMFKAzEQhoMoWKs-Q0DxtjrJbLrJqUhbW6GiYEVvSzZN3ZZqapKlePM1fD2fxMgWnDnM5eP___kJOWVwyUD2rgoOuZB7pMMEFpnA_GWfdAA4z1CCPCRHIawgDQPskP7EbeldY2r6WLtmPafPls58EyKNtaXDpYk6Ov_z9R3oePhAx95tY01HIS7fdLShf0wOFnod7MnudsnTzWg2mGTT-_Ht4HqaGSwgZkaBNogLyYXKq7RGVrpQXOU9AcogF1rPe4JVsuLKsHxeWI05amaFEkZZ7JKzVnfj3UdjQyxXrvHvybLkBecMAAUm6qKljHcheLsoNz4F9Z8lg_KvnLItJ4HnLZg-Xxr96jbehvCvucN-AXliYTM</recordid><startdate>20221001</startdate><enddate>20221001</enddate><creator>Martínez, Luis R.</creator><general>The University of Chicago Press</general><general>University of Chicago, acting through its Press</general><scope>AAYXX</scope><scope>CITATION</scope><scope>7UB</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>20221001</creationdate><title>How Much Should We Trust the Dictator’s GDP Growth Estimates?</title><author>Martínez, Luis R.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c370t-c90ac33f82594b4b4c8ba792946509c325aad651b8b29c14d7ea343a1e595c9e3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2022</creationdate><topic>Autocracy</topic><topic>Economic growth</topic><topic>Economic theory</topic><topic>Exaggeration</topic><topic>GDP</topic><topic>Gross Domestic Product</topic><topic>Manipulation</topic><topic>Outer space</topic><topic>Political economy</topic><topic>Satellites</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Martínez, Luis R.</creatorcontrib><collection>CrossRef</collection><collection>Worldwide Political Science Abstracts</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>The Journal of political economy</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Martínez, Luis R.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>How Much Should We Trust the Dictator’s GDP Growth Estimates?</atitle><jtitle>The Journal of political economy</jtitle><date>2022-10-01</date><risdate>2022</risdate><volume>130</volume><issue>10</issue><spage>2731</spage><epage>2769</epage><pages>2731-2769</pages><issn>0022-3808</issn><eissn>1537-534X</eissn><abstract>I study the overstatement of economic growth in autocracies by comparing self-reported GDP figures to night-time light recorded by satellites from outer space. 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source | EconLit s plnými texty; International Bibliography of the Social Sciences (IBSS); Business Source Ultimate; Worldwide Political Science Abstracts; University of Chicago Press Journals |
subjects | Autocracy Economic growth Economic theory Exaggeration GDP Gross Domestic Product Manipulation Outer space Political economy Satellites |
title | How Much Should We Trust the Dictator’s GDP Growth Estimates? |
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