Determinants of Economic Growth: Will Data Tell?
Antonio Ciccone and
No 1009, Working Papers from BBVA Bank, Economic Research Department
Many factors inhibiting and facilitating economic growth have been suggested. Can agnostics rely on international income data to tell them which matter? We find that agnostic priors lead to conclusions that are sensitive to differences across available income estimates. For example, the PWT 6.2 revision of the 1960-96 income estimates in the PWT 6.1 leads to substantial changes regarding the role of government, international trade, demography, and geography. We conclude that margins of error in international income estimates appear too large for agnostic growth empirics.
Keywords: agnostic Bayesian econometrics; robust growth determinants; growth regressions (search for similar items in EconPapers)
JEL-codes: E01 O47 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-fdg and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (65) Track citations by RSS feed
Downloads: (external link)
http://www.bbvaresearch.com/wp-content/uploads/mig ... 09_tcm348-220987.pdf (application/pdf)
Journal Article: Determinants of Economic Growth: Will Data Tell? (2010)
Working Paper: Determinants of Economic Growth: Will Data Tell? (2009)
Working Paper: Determinants of economic growth: Will data tell? (2009)
Working Paper: Determinants of economic growth: will data tell? (2008)
Working Paper: Determinants of Economic Growth: Will Data Tell? (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:bbv:wpaper:1009
Access Statistics for this paper
More papers in Working Papers from BBVA Bank, Economic Research Department Contact information at EDIRC.
Series data maintained by OSCAR DE LAS PENAS SANCHEZ-CARO ().