Replication data for: Growth Dynamics: The Myth of Economic Recovery: Comment
Principal Investigator(s): View help for Principal Investigator(s) Hannes Mueller
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
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| data-and-reproduction | 10/11/2019 06:10:PM | ||
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text/plain | 14.6 KB | 10/11/2019 02:10:PM |
Project Citation:
Mueller, Hannes. Replication data for: Growth Dynamics: The Myth of Economic Recovery: Comment. Nashville, TN: American Economic Association [publisher], 2012. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112584V1
Project Description
Summary:
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This comment highlights different ways of coding crisis episodes in Cerra and Saxena (2008) (CS). The comment shows that the coding used for civil war implies a misrepresentation of its impact. A correct coding of civil war reveals that the average civil war leads to a loss in output of 18 percent. This makes civil wars more devastating than all other crisis studied by CS.
Scope of Project
JEL Classification:
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E23 Macroeconomics: Production
E32 Business Fluctuations; Cycles
O47 Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
E23 Macroeconomics: Production
E32 Business Fluctuations; Cycles
O47 Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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