Baltagi, Badi H.; Bresson, Georges; Etienne, Jean-Michel - In: Essays in honor of Cheng Hsiao, (pp. 217-253). 2020
This chapter proposes semiparametric estimation of the relationship between growth rate of GDP per capita, growth rates of physical and human capital, labor as well as other covariates and common trends for a panel of 23 OECD countries observed over the period 1971–2015. The observed...