It's Hard to Estimate Russian GDP
Marginal Revolution gives some evidence on why I am skeptical that Russian GDP went down after reforms:
Andrew Gelman has a simple question, What is Russia's GDP per capita? Fortunately this information is easy to find on the web. As Gelman reports, the answer is: 1. $7,600 (World Bank 2007) 2. $9,100 (World Bank 2007) 3. $14,700 (PPP adjusted, World Bank 2007) 4. $4,500 (World Bank 2006) 5. $7600 or $14,400 (gross national income: "Atlas method" or "purchasing power parity," World Bank 2007) 6. $12,600 (IMF 2008), $9,100 (World Bank 2007), or $12,500 (CIA 2008) 7. $2,637 in 2000 US dollars (World Bank 2007); that's $3,200 in 2007 dollars 8. $2,621 (World Bank 2006) or $8,600 (IMF)
Labels: Economics
To view the post on a separate page, click: at 3/18/2009 10:54:00 AM (the permalink).
<< Home