What does it look like GDP weighted?
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Replying to @MForstater @Wouterlips
GDP weighted? Like, how large a proportion of global GDP is covered by TP regulations?
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Replying to @MForstater @Wouterlips
Good question. I'll have to see if I can find long-run GDP data to pair it
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Replying to @MForstater @Wouterlips
Okay, so that would look something like this (still with a huge data disclaimer):pic.twitter.com/3r3O1QNWYO
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Replying to @phdskat @Wouterlips
Data on demand! So there are three ages of transfer pricing? What happened in 1945? (beyond the obvious) -- is it that US doesn't get regulations till later so this is Europe contracting? You could make this into a stacked area chart so we can see the countries
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Replying to @MForstater @Wouterlips
:) This is really where the data caveats come in. Problem is Big 4 say only US, France and Sweden formalised TP regs in early century - which is not quite the case. So mid-century decline is basically US declining share of world GDP
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Replying to @phdskat @Wouterlips
Ah OK - stacked area would be nice to show the composition over time
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Replying to @MForstater @Wouterlips
So... this one was a bit more problematic, and I couldn't work out the animation bit. But here's a stab at it least:pic.twitter.com/WfBltWwiTc
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Wow! That is superb!
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