Rationalizing the Penn World Table: True Multilateral Indices for International Comparisons of Real Income

By J. P. Neary, R. Summers, I. Kravis. 2004

152 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/1e8a40ef6afa09743f3e5fcc408dfc375c4e221f

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In Economics and Econometrics

Citations in the corpus

Developing science, technology and innovation indicators: What we can learn from the past (2009, background): “Such relatively old questions about misuse of PPP are today exacerbated by new economic discussions (Neary 2004) about intrinsic biases in PPP, likely to overstate the income convergence across poor and rich countries as compared to nominal exchange rates.”
Estimating the Level and Distribution of Global Household Wealth (2007, background): “Recently, Neary (2004) has clarified the theoretical basis for the Geary method.”
Import Demand Elasticities and Trade Distortions (2004, unknown): “In other words, high dispersion of tnc increases TRIc, for a given weighted average; see Anderson and Neary (2004) for a thorough discussion of the importance of tariff dispersion when measuring trade restrictiveness.”
Rebasing 'Maddison' : new income comparisons and the shape of long-run economic development (2018, background): “However, in a world of non-homothetic and (quite possibly) non-identical preferences, a true cost-of-living comparison faces substantial conceptual and practical challenges, though see Neary (2004) for an approach of comparing cost-of-living assuming identical but non-homothetic preferences.”
International Income Inequality: Measuring PPP Bias by Estimating Engel Curves for Food (2012, unknown): “Special thanks go to PhD advisor Bertil Tungodden, for in-depth comments and discussions.”
The Global Distribution of Income (2014, methodology): “However, under certain assumptions EKS applied to incomes yields an index of real living standards, or utility, and for this reason Neary (2004) included it as an example of the “economic” approach to index numbers.”