Growth Determinant Analysis

Use of an OECD basis of growth determinant to select the most appropriate model for explaining GDP per capita levels. The data basis was analysed by standard econometric techniques but the "best" models were selected by Bayrsian techniques using the Metropol-lis *Hastings methodGiven the high degree of colinearity among the growth indicators a sparce model was found to be best

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Year of publication:	2011-07-06
Authors:	Dramais, Andre
Institutions:	EcoMod Network
Subject:	30 OECD countries \| Growth \| Macroeconometric modeling

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Series:	EcoMod2011.
Type of publication:	Book / Working Paper
Notes:	Number 2708
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010902763