Concern has intensified in recent years that many instrumental variables used in widely-cited growth regressions may be invalid, weak, or both. Attempts to remedy this general problem remain inadequate. We demonstrate that a range of published growth regressions may contain spurious results because of hidden problems with the instrumental variables they use. We urge several steps to surpass these difficulties: grounding of growth regressions in slightly more generalized theoretical models, deployment of the latest methods for estimating sensitivity to violations of exclusion restrictions, opening the black box of GMM with supportive evidence of instrument strength, and utilization of weak-instrument robust tests and estimators.IV, instrumen...
Cross-country growth regressions have become an increasingly common tool in empirical development re...
Empirical studies of the determinants of cross-country differences in long-run development are chara...
The “difference ” and “system ” generalized method of moments (GMM) estimators for dynamic panel mod...
We examine cross-sectional empirical evidence on the determinants of economic growth in light of an ...
A rchimedes said, “Give me the place to stand, and a lever long enough, andI will move the Earth ” (...
A rchimedes said, “Give me the place to stand, and a lever long enough, andI will move the Earth ” (...
Since the global financial crisis of 2008, a strand of the literature has documented a threshold bey...
We seek for determinants of the sources of growth. Using a growth accounting method that accounts fo...
Existing work in growth empirics either assumes linearity of the growth function or attempts to capt...
We seek for determinants of the sources of growth. Using a growth accounting method that accounts fo...
growth empirics either assumes linearity of the growth function or attempts to capture non-lineariti...
Durlauf, Johnson, and Temple (2005) forcefully argue that the empirical analysis of economic growth ...
This paper provides a survey and synthesis of econometric tools that have been employed to study eco...
Many factors inhibiting and facilitating economic growth have been suggested. Can agnostics rely on ...
In this paper I try to move away from the Extreme Bounds method of identifying ``robust'' empirical ...
Cross-country growth regressions have become an increasingly common tool in empirical development re...
Empirical studies of the determinants of cross-country differences in long-run development are chara...
The “difference ” and “system ” generalized method of moments (GMM) estimators for dynamic panel mod...
We examine cross-sectional empirical evidence on the determinants of economic growth in light of an ...
A rchimedes said, “Give me the place to stand, and a lever long enough, andI will move the Earth ” (...
A rchimedes said, “Give me the place to stand, and a lever long enough, andI will move the Earth ” (...
Since the global financial crisis of 2008, a strand of the literature has documented a threshold bey...
We seek for determinants of the sources of growth. Using a growth accounting method that accounts fo...
Existing work in growth empirics either assumes linearity of the growth function or attempts to capt...
We seek for determinants of the sources of growth. Using a growth accounting method that accounts fo...
growth empirics either assumes linearity of the growth function or attempts to capture non-lineariti...
Durlauf, Johnson, and Temple (2005) forcefully argue that the empirical analysis of economic growth ...
This paper provides a survey and synthesis of econometric tools that have been employed to study eco...
Many factors inhibiting and facilitating economic growth have been suggested. Can agnostics rely on ...
In this paper I try to move away from the Extreme Bounds method of identifying ``robust'' empirical ...
Cross-country growth regressions have become an increasingly common tool in empirical development re...
Empirical studies of the determinants of cross-country differences in long-run development are chara...
The “difference ” and “system ” generalized method of moments (GMM) estimators for dynamic panel mod...