The World Economics Journal focuses on the production, analysis and use of economic data, a subject of fundamental importance to the world economy.

Data on GDP, Prices, Population, Employment, Debt and a host of other variables provide the basis for millions of daily decisions by investors, bankers, businesses, and politicians.

Yet most economic data is of poor quality (even in developed countries) and unsuited to the great responsibility placed on it.

The aim of the Journal is to provide a forum for discussion and the exchange of ideas, to foster an improvement in the quality of economic data worldwide.

Today's Featured Paper

Error in Demographic and Other Quantitative Data and Analyses Error in Demographic and Other Quantitative Data and Analyses
Thomas Burch
Statistical data consumed, analysed and produced contain errors from more sources than is often recognised and the commercialisation of survey and other statistical research and ‘inventions’ such as ‘big data’ has led to naïve and faulty analysis and propagandaRead now

Call for Papers

World Economics would like submissions on key subjects of importance relating to the measurement of economic activity and data issues (for example, but not limited to):

Measuring output   Measuring price
  • GDP measures
  • Alternative measures of measuring economic activity
  • Measuring the gig economy
  • Measuring services and financial services output
  • Measuring government output
  • Measuring the shadow economy
  • Beyond GDP - depreciation of the environment, happiness
 
  • Measuring consumer price inflation
  • Estimating GDP and input price deflators
  • Measuring financial asset and real estate prices
  • Valuing 'free' services such as those offered by Google and Facebook
  • The price of light - how to measure the impact of rapid technological change on price


Measuring people   Debt
  • Measuring population numbers in developed countries
  • Measuring population in emerging markets
  • Population forecasting
  • Fertility estimation
  • Participation rates and unemployment
 
  • Defining debt
  • Measuring consumer debt
  • Measuring corporate debt
  • Measuring government debt
  • Debt cycles
  • Debt instruments


Submissions of articles for consideration by World Economics should be sent to editor@worldeconomics.com.

Additional Resources:
Guidelines and details for submissions
List of World Economics Editorial board members

Most Read

Data Manipulation of Inflation Statistics Artificially Raises Real GDP: The Case of China
Christopher Balding
Baseline Chinese economic data are unreliable. Taking published National Bureau of Statistics China data, three problems appear. First, base data on housing price inflation are manipulated. Second, the NBSC misclassifies most Chinese households as private housing ... More


On Measuring Hyperinflation: Venezuela’s Episode
Steve H. Hanke & Charles Bushnell
Venezuela now exhibits the 57th historic episode of hyperinflation as measured in the Hanke–Krus World Hyperinflation Table. Entry to the hyperinflation dataset depends on three qualifying criteria: inflation rates greater than 50% per month; the persistence of this ... More


How Accurate Are the National Balance Sheets for China?
James L. Chan
The accuracy of data on China’s national balance sheets has attracted much less attention than that of the Gross Domestic Product reports. China’s Bureau of National Statistics has not released official national balance sheets, but two Chinese research teams have ... More


Debt, Economic Growth and Data Adequacy
Vighneswara Swamy
The effects of government debt on economic growth has become of immense importance in the backdrop of the Eurozone sovereign debt crisis and Reinhart & Rogoff’s related research. This study is based on a sizeable dataset which extends the horizon of analysis to ... More


Poor Economic Statistics Fuel China’s Low Consumption Myth
Jun Zhang & Tian Zhu
The generally held belief that China’s consumption is too low is a myth based on inadequate theory, a misreading of official statistics and the use of market exchange rates for making international comparisons. Chinese official statistics underestimate consumption ... More

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