Econometric Methods in Economic Growth Models

Economic and Econometric Models

Corruption and Economic Growth: An Econometric Survey of the Evidence

Does corruption grease or sand the wheels of economic growth? This paper provides a systematic evaluation of the e ect of corruption on growth, using metaanalysis techniques for 460 estimates from 41 studies. We nd that publication bias, albeit acute, does not dissipate the genuine and negative e ect of corruption on growth. Among the main factors explaining the variation in the estimated effec...

Inequality and Economic Growth: Data Comparisons and Econometric Tests

This paper discusses two issues in the relationship between inequality and economic growth: the data and the econometrics. We first review the inequality data set of Deininger and Squire, which, we argue, fails to provide adequate or accurate longitudinal and cross-country coverage. We then introduce our own measures of the inequality of manufacturing pay, based on the UNIDO Industrial Statisti...

Models of Economic Growth

Investigating Causal Relations by Econometric Models and Cross-spectral Methods

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