Applying Growth Theory across Countries

The potential problem of reverse causality has been obvious to everyone. It has usually been met with the standard econometric dodge: using lagged values of slow-moving variables as instruments. But this cannot be a serious solution to the problem....

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Bibliographic Details
Main Author: Solow, Robert M.
Format: Journal Article
Language:English
en_US
Published: Washington, DC: World Bank 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2001/05/17737093/applying-growth-theory-across-countries-learned-decade-empirical-research-growth
http://hdl.handle.net/10986/17444