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We use a panel of 139 countries to examine the relationship between a country's openness to international trade and several health outcomes and find that, in general, increased openness is associated with lower rates of infant mortality and higher average life expectancies, especially in...
Persistent link: https://www.econbiz.de/10014123069
Regression analyses of cross-country economic growth data are complicated by two main forms of model uncertainty: the … uncertainty in selecting explanatory variables and the uncertainty in specifying the functional form of the regression function …
Persistent link: https://www.econbiz.de/10013131342
This appendix extends simulation and empirical results reported in Mancini and Trojani (2010). It discusses the choice of the robustness tuning constants; describes the unconditional, independence and conditional coverage tests for VaR forecast evaluation; provides additional Monte Carlo...
Persistent link: https://www.econbiz.de/10013138328
There has been a wide debate on whether democracy actually has an effect on economic outcomes, and especially on international trade. With a new estimation strategy, we analyze this relationship taking a look at the distribution of countries' trading activity. Using a panel quantile estimation...
Persistent link: https://www.econbiz.de/10013023504
semiparametric regression estimators. The results show that the regressions are able to explain ICT infrastructure very well. Major …
Persistent link: https://www.econbiz.de/10011552991
The theoretical literature has predicted that inequality affects long-run growth by reducing human and physical capital, particularly in the presence of imperfect credit markets and other contractual frictions. We test these four mechanisms using measures of inequality at the country-level,...
Persistent link: https://www.econbiz.de/10012835129
This article uses a nonparametric varying coefficient panel data model to study the convergence of real GDP per capita among 120 world economies for the sample period of 1980-2010. The estimates show that the indirect contribution of initial income via the control variables is important. The...
Persistent link: https://www.econbiz.de/10012999621
This paper suggests that the weak empirical effect of human capital on growth in existing cross-country studies is partly the result of an inappropriate specification that does not account for the different channels through which human capital affects growth. A systematic replication of earlier...
Persistent link: https://www.econbiz.de/10013120134
This paper suggests that the weak empirical effect of human capital on growth in existing cross-country studies is partly the result of an inappropriate specification that does not account for the different channels through which human capital affects growth. A systematic replication of earlier...
Persistent link: https://www.econbiz.de/10009422482
productivity of investment differs between countries. This paper converts a "new" growth theory regression equation into …
Persistent link: https://www.econbiz.de/10011617404