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Cross-posted from my Substack.
Epistemic status: I’ve puzzled over this for a long time but I’m not sure I came to the right answers. I'm sharing this partly because it might help others work on resource allocation, but mostly because some smarter reader might tell me how to do it better.
TL;DR:
* I he...
I haven't got an answer to the direct question but Prof. Jesus Fernandez-Villaverde does some really good work on the economic consequences of current demographic trends and sometimes addresses problems within published data, and reasons why there is divergence amongst datasets. Have a crawl through his X account: https://x.com/JesusFerna7026
As it relates to many developing countries, I think there's a general consensus that a lot of the data (economic, demographic etc.) is at least unreliable and in some cases, just made up.