Growth Regressions and What the Textbooks Don’t Tell You
Year: 2000
Type: article
Abstract: The paper discusses three econometric problems that are rarely given adequate discussion in textbooks: model uncertainty, parameter heterogeneity, and outliers. Leamer’s extreme bounds analysis can be adapted to address all three problems simultaneously. Two examples are presented based on an influential cross‐country growth paper by Levine and Renelt (American Economic Review, vol. 82, 1992, pp. 942‐63).
Source: Bulletin of Economic Research
Author: Jonathan Temple
Institution: University of Oxford
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W3121315689