Specification and sensitivity analysis of cross-country growth regressions

Thanasis Stengos, Theofanis Mamuneas () and Pantelis Kalaitzidakis

Empirical Economics, 2002, vol. 27, issue 4, 645-656

Abstract: We compare the sensitivity analysis of cross-country growth regressions based on extreme bounds analysis to a more direct specification testing approach using non-nested hypotheses tests. The results suggest that those specifications that are adequate are also those that include two of the only few conditioning variables that are found to be robust, namely the standard deviation of inflation and the standard deviation of domestic credit.

Keywords: Specification; Testing; ·; Sensitivity; Analysis; ·; Growth; Regressions. (search for similar items in EconPapers)
JEL-codes: C14 (search for similar items in EconPapers)
Date: 2002-07-29
Note: Received: November 2000/Final Version Received: May 2001
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://link.springer.de/link/service/journals/00181/papers/2027004/20270645.pdf (application/pdf)
Access to the full text of the articles in this series is restricted

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:empeco:v:27:y:2002:i:4:p:645-656

Ordering information: This journal article can be ordered from
http://www.springer. ... rics/journal/181/PS2

Access Statistics for this article

Empirical Economics is currently edited by Robert M. Kunst, Arthur H.O. van Soest, Bertrand Candelon, Subal C. Kumbhakar and Joakim Westerlund

More articles in Empirical Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().