How Prescribed Policy Can Mislead when Data Are Defective: A Follow-Up to Srinivasan (1994) Using General Equilibrium.

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.

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Year of publication:	1996
Authors:	Mercenier, J. ; Yeldan, E.
Institutions:	Centre Interuniversitaire de Recherche en Économie Quantitative (CIREQ)
Subject:	GENERAL EQUILIBRIUM \| TURKEY \| POLITICAL ECONOMY \| ECONOMIC DEVELOPMENT

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Series:	Cahiers de recherche.
Type of publication:	Book / Working Paper
Notes:	27 pages
Classification:	D50 - General Equilibrium and Disequilibrium. General ; D57 - Input-Output Analysis ; O10 - Economic Development. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005346004