July 19, 2011
Ohh boy, do you really want to start this?
Professor Mankiw links to a paper that describes the, umm, well, a relationship between GDP growth and uhh...
This paper explores the link between economic development and penile length between 1960 and 1985. It estimates an augmented Solow model utilizing the Mankiw-Romer-Weil 121 country dataset. The size of male organ is found to have an inverse U-shaped relationship with the level of GDP in 1985. It can alone explain over 15% of the variation in GDP. The GDP maximizing size is around 13.5 centimetres, and a collapse in economic development is identified as the size of male organ exceeds 16 centimetres.
Now this is a serious, academic instrument and I don't want to see discussion degrading into puerile puns and childish observations. Like for instance, "inverse U-shaped? Ow!" That's definitely out of bounds.
Hat-tip: N. Gregory Mankiw, Size MattersEconomics and Markets Posted by John Kranz at July 19, 2011 2:20 PM