Determinants of Economic Growth: Will Data Tell?

Antonio Ciccone and Marek Jarociński

American Economic Journal: Macroeconomics, 2010, vol. 2, issue 4, 222-46

Abstract: 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 1960-1996 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. (JEL O41, O47)

JEL-codes: O41 O47 (search for similar items in EconPapers)
Date: 2010
Note: DOI: 10.1257/mac.2.4.222
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Citations: View citations in EconPapers (151)

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Related works:
Working Paper: 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)
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