Palgrave Handbook of Econometrics: Applied Econometrics

1132 The Methods of Growth Econometrics of geographic characteristics. A set ofKpotential growth theories, all of which are logi ...

Paul Johnson, Steven Durlauf and Jonathan Temple 1133 More fundamentally, as explained in Brock and Durlauf (2001a) and Brock, D ...

1134 The Methods of Growth Econometrics Dissatisfaction with extreme bounds analysis and its close relatives has led some author ...

Paul Johnson, Steven Durlauf and Jonathan Temple 1135 change an element ofSiby one unit. This assumes that the ultimate goal of ...

1136 The Methods of Growth Econometrics Wasserman (1995) called a unit information prior; the prior is implicitly defined to ens ...

Paul Johnson, Steven Durlauf and Jonathan Temple 1137 Clearly some regressors are similar, such as alternative measures of trade ...

1138 The Methods of Growth Econometrics In other applications, Brock and Durlauf (2001a) and Masanjala and Papageor- giou (2005) ...

Paul Johnson, Steven Durlauf and Jonathan Temple 1139 different countries are realizations of a common DGP, and many of the mode ...

1140 The Methods of Growth Econometrics comparison purposes, we restate: γi=k+βlogyi,0+πnlog ( ni+g+δ ) +πKlogsK,i+πHlogsH,i+εi. ...

Paul Johnson, Steven Durlauf and Jonathan Temple 1141 estimate models of the form: si,t=ai+ρisi,t− 1 +εi,t. (24.26) The long-run ...

1142 The Methods of Growth Econometrics Solow model that is based on a constant elasticity of substitution (CES) production func ...

Paul Johnson, Steven Durlauf and Jonathan Temple 1143 conditions. If there are two (stochastic) steady-states, and large shocks ...

1144 The Methods of Growth Econometrics time series regressions for each country. The use of panel data is likely to increase ef ...

Paul Johnson, Steven Durlauf and Jonathan Temple 1145 contaminated by short-run dynamics. These problems are likely to be even m ...

1146 The Methods of Growth Econometrics but weaker evidence for causality in the more conventional direction from invest- ment t ...

Paul Johnson, Steven Durlauf and Jonathan Temple 1147 time series analysis raised above continue to apply. Important variables a ...

1148 The Methods of Growth Econometrics such variables. This is the usual motivation for using fixed effects in the growth conte ...

Paul Johnson, Steven Durlauf and Jonathan Temple 1149 effects, especially in the context of smallT, to obtain imprecise sets of ...

1150 The Methods of Growth Econometrics Hence, at least one of the explanatory variables in the first-differenced equation will ...

Paul Johnson, Steven Durlauf and Jonathan Temple 1151 within-group estimates. Since the OLS and within-group estimates ofβare bi ...