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Growth Determinant Analysis

Andre Dramais

No 2708, EcoMod2011 from EcoMod

Abstract: Use of an OECD basis of growth determinant to select the most appropriate model for explaining GDP per capita levels. The data basis was analysed by standard econometric techniques but the "best" models were selected by Bayrsian techniques using the Metropol-lis *Hastings methodGiven the high degree of colinearity among the growth indicators a sparce model was found to be best

Keywords: 30 OECD countries; Growth; Macroeconometric modeling (search for similar items in EconPapers)
Date: 2011-07-06
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