Edwards, Jeffrey A; Sams, Alfred; Yang, Benhua - In: Topics in Macroeconomics 6 (2006) 2
Ross Levine and David Renelts (LR) paper [1992] investigate the robustness of the relationship between growth, investment, and variables of interest using Leamers [1985] Extreme Bounds Analysis (EBA). LR claim that few economic variables have a robust relationship with either long-run...