The frequency of Martinez Democracy vs Autocracy study reposts, especially in western MSM, borders the PRC collapse retardation news cycle.
Nvm it got dismantled by various people who use nightlight metrics for living. NBER also did a sophisticated night lights study of PRC in 2017 - same year as OG Martinez study using naive methodology as Henderson original work from early 2010s - and found PRC's reported GDP was actually _underestimated_ using night light data. But useful idiots will gobble up authoritarian gov inflate narrative.
For obvious reasons this study by multiple staff economists at the FED doesn't get any attention in western MSM, but one by an assistant prof of public policy somehow does. Also note scope, multiple staff economics focusing on PRC, versus assist prof who managed to collate data for every country. Almost as if it's good self marketing considering Martinez keeps updating study with same rudimentary methodology every few years to get clicks.
E: I'm guessing this is now going to make rounds with the Shih/Elkobi's 1/3 of PRC local gov spending all their revenue on debt repayment wank graph being popularized recently that's comparably retarded.
Fewer abbreviations would make this easier to read, understand, and perhaps take seriously.
What's there to elaborate. First version of Martinez study (when researcher was an assistant prof in public policy) has methodology criticized to death way back in 2017 by experts who specialize in satellite imagery, remote sensing etc. The same year NBER, National Bureau of Economic Research aka... one of the preeminent eco analysis think tanks US gov draws from had 3 credentialled staff economist ran a more sophisticated light study and alleged PRC (China) underreports economic activity.
Yet every year since 2017 the Martinez study gets play in mainstream media (MSM) because autocracy incompetent vs democracy plays well. In 2022 Martinez updated the study (I think also 2019, 2024 i.e. milked forever), with same methodology issue said insisted trend continues. Cycle repeats usually synced to some other retarded reporting to PRC economy going to explode (will also be milked forever).
In this case I'm assuming the chart making it's way around reddit and now socials on Shih/Elkobi study that inflate PRC subnational debt situation by conflating principle+interest (tldr bad methodology using non-standard metric to exaggerate debt risk), which like Martinez has been called out back in 2022 after publication. Customary in these discussions of unserious providence is bringing up the unserious Martinez study, which useful idiots continue to take seriously.