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Replication data for: Cross-Country Income Levels over Time: Did the Developing World Suddenly Become Much Richer?

Version
1
Resource Type
Dataset
Creator
  • Inklaar, Robert
  • Rao, D. S. Prasada
Publication Date
2017-01-01
Description
  • Abstract

    The latest global survey on relative prices and income levels, for the year 2011, showed changes to relative income levels that were larger in lower income countries, thereby narrowing the world income distribution compared to estimates based on the previous, 2005, survey. This paper examines whether changes in measurement methodology between the 2005 and 2011 survey can explain these large differences. We construct a counterfactual set of relative prices for 2005 that harmonizes measurement, and we no longer find systematic differences across income levels, implying that international income inequality based on the 2005 survey was overstated.
Availability
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Relations
  • Is supplemented by
    DOI: 10.1257/mac.20150155 (Text)
Publications
  • Inklaar, Robert, and D.S. Prasada Rao. “Cross-Country Income Levels over Time: Did the Developing World Suddenly Become Much Richer?” American Economic Journal: Macroeconomics 9, no. 1 (January 2017): 265–90. https://doi.org/10.1257/mac.20150155.
    • ID: 10.1257/mac.20150155 (DOI)

Update Metadata: 2019-10-13 | Issue Number: 1 | Registration Date: 2019-10-13

Inklaar, Robert; Rao, D. S. Prasada (2017): Replication data for: Cross-Country Income Levels over Time: Did the Developing World Suddenly Become Much Richer?. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. http://doi.org/10.3886/E114120V1