Permalink: http://hdl.handle.net/1866/2048
How Prescribed Policy Can Mislead when Data Are Defective: a Follow-Up to Srinivasan (1994) Using General Equilibrium
Article [Version of Record]
Is part of
Cahier de recherche ; #9606Publisher(s)
Université de Montréal. Département de sciences économiques.Keywords
- [JEL:D50] Microeconomics - General Equilibrium and Disequilibrium - General
- [JEL:D57] Microeconomics - General Equilibrium and Disequilibrium - Input-Output Tables and Analysis
- [JEL:O10] Economic Development, Technological Change, and Growth - Economic Development - General
- [JEL:D50] Microéconomie - Équilibre général et déséquilibre - Généralités
- [JEL:D57] Microéconomie - Équilibre général et déséquilibre - Analyses entrées-sorties
- [JEL:O10] Développement économique, changement technologique et croissance - Développement économique - Généralités
Abstract(s)
We highlight an example of considerable bias in officially published input-output data (factor-income shares) by an LDC (Turkey), which many researchers use without question. We make use of an intertemporal general equilibrium model of trade and production to evaluate the dynamic gains for Turkey from currently debated trade policy options and compare the predictions using conservatively adjusted, rather than official, data on factor shares.
Mercenier, J. et Yeldan, E., «How Prescribed Policy Can Mislead when Data Are Defective: a Follow-Up to Srinivasan (1994) Using General Equilibrium.», Cahier de recherche #9606, Département de sciences économiques, Université de Montréal, 1996, 27 pages.