Determinants of Human Development: Insights from State-Dependent Panel Models

@inproceedings{Binder2010DeterminantsOH,
  title={Determinants of Human Development: Insights from State-Dependent Panel Models},
  author={Michael M. Binder and Georgios Georgiadis},
  year={2010}
}
In this paper, we study economic development in a panel of 84 countries from 1970 to 2005. We focus on characterizing heterogeneities in the development effects of macroeconomic policies and on comparing the development process as measured by GDP to that measured by the Human Development Index (HDI). We do so within a novel dynamic panel modelling framework that can account for crucial aspects of both the cross-sectional and intertemporal features of the observed process of economic development… CONTINUE READING

Similar Papers