Determinants of Economic Growth : A Bayesian Panel Data Approach

Determinants of Economic Growth : A Bayesian Panel Data Approach

Model uncertainty hampers consensus on the key determinants of economic growth. Some recent cross-country, cross-sectional analyses have employed Bayesian Model Averaging to address the issue of model uncertainty. This paper extends that approach t...

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Bibliographic Details
Main Author: Moral-Benito, Enrique
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ACCOUNTING
AVERAGE GROWTH
AVERAGE GROWTH RATE
BENCHMARK
CALCULATIONS
CAPITAL ACCUMULATION
CIVIL LIBERTIES
CONDITIONAL CONVERGENCE
CONTRIBUTION
CONVERGENCE PARAMETER
COUNTRY REGRESSIONS
COVARIANCE MATRIX
CROSS COUNTRY
CROSS COUNTRY EVIDENCE
CROSS-COUNTRY REGRESSION
DATA AVAILABILITY
DATA SET
DEMOCRACY
DEMOGRAPHIC FACTORS
DEPENDENT VARIABLE
DETERMINANTS OF GROWTH
DEVELOPMENT INDICATORS
DEVELOPMENT RESEARCH
DYNAMIC PANEL
DYNAMIC STRUCTURE
ECONOMETRIC MODEL
ECONOMETRICS
ECONOMIC ACTIVITY
ECONOMIC GEOGRAPHY
ECONOMIC GROWTH
ECONOMIC INTEGRATION
ECONOMIC REFORM
ECONOMIC REVIEW
ECONOMICS
EMPIRICAL APPROACHES
EMPIRICAL ESTIMATES
EMPIRICAL GROWTH MODEL
EMPIRICAL GROWTH REGRESSIONS
EMPIRICAL MODEL
EMPIRICAL RESEARCH
EMPIRICAL RESULTS
EMPIRICAL STUDIES
ENDOGENOUS VARIABLES
EQUILIBRIUM LEVEL
ERROR TERM
ESTIMATED MODELS
EXPLANATORY VARIABLES
EXPORTS
FIXED EFFECTS
FUTURE RESEARCH
GDP
GDP PER CAPITA
GROWTH CONTEXT
GROWTH DATA
GROWTH DETERMINANTS
GROWTH EMPIRICS
GROWTH LITERATURE
GROWTH MODEL
GROWTH MODELS
GROWTH RATE
GROWTH RATE OF POPULATION
GROWTH RATES
GROWTH REGRESSION
GROWTH REGRESSIONS
GROWTH THEORIES
GROWTH-PROMOTING POLICY
INCOME
INCOME DATA
INCOME DIFFERENCES
INCREASING RETURNS
INDEPENDENT VARIABLES
INVESTMENT RATE
LABOR FORCE
LAGGED DEPENDENT
LANDLOCKED COUNTRIES
LIFE EXPECTANCY
LINEAR REGRESSION
LOGARITHMIC SCALE
LONG-TERM GROWTH
MACROECONOMIC ENVIRONMENT
MACROECONOMIC STABILITY
MACROECONOMICS
MALARIA
MONETARY ECONOMICS
NATURAL ENDOWMENTS
NATURAL RESOURCE
NATURAL RESOURCE ABUNDANCE
NORMAL DISTRIBUTION
OPPORTUNITY SET
POINT ESTIMATES
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
POLICY STRATEGIES
POLITICAL ECONOMY
POLITICAL POWER
POLITICAL RIGHTS
POPULATION DENSITY
POPULATION GROWTH
PRIMARY EDUCATION
PRIVATE SECTOR
PROBABILITIES
PROBABILITY
PRODUCTIVITY
PROGRESS
PROSPERITY
PUBLIC INVESTMENT
PUBLIC POLICY
REAL EXCHANGE RATE
REAL GDP
RESPECT
SECONDARY EDUCATION
SERIAL CORRELATION
SOCIAL RESEARCH
SOURCES OF INCOME
TAXATION
TRADE OPENNESS
TRADE POLICIES
URBAN AREAS
URBAN POPULATION
WAR
WORTH
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090202131616
http://hdl.handle.net/10986/4027

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