A Non-Linear Sensitivity Analysis of Cross-Country Growth Regressions

We extend the sensitivity analysis of cross-country growth regressions of Levine and Renelt (1992) by introducing a semi-parametric formulation of their regression function. Our results differ from theirs in how certain policy variables affect growth rates. We find that distortion variables, such as the standard deviation of gross domestic credit and inflation and real exchange rate distortions, have a robust negative effect on growth

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Year of publication:	2001
Authors:	Mamuneas, Theofanis P. ; Kalaitzidakis, Pantelis ; Stengos, Thanasēs
Publisher:	[S.l.] : SSRN
Subject:	Regressionsanalyse \| Regression analysis \| Wirtschaftswachstum \| Economic growth \| Welt \| World \| Nichtlineare Regression \| Nonlinear regression \| Theorie \| Theory \| Sensitivitätsanalyse \| Sensitivity analysis
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Canadian Journal of Economics, Vol. 33, No. 3, August 2000 Volltext nicht verfügbar
Classification:	O47 - Measurement of Economic Growth; Aggregate Productivity ; C14 - Semiparametric and Nonparametric Methods
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014143572