Growth Determinants Revisited

  title={Growth Determinants Revisited},
  author={Alin Mirestean and Charalambos Tsangarides},
  • Alin Mirestean, Charalambos Tsangarides
  • Published 2010
We revisit the cross-country growth empirics debate using a novel Limited Information Bayesian Model Averaging framework to address model uncertainty in the context of a dynamic growth model in panel data with endogenous regressors. Our empirical …ndings suggest that once endogeneity, dynamics, and model uncertainty are accounted for, various economic factors such as initial conditions and macroeconomic environment are robustly correlated with economic growth. In particular, we …nd the… CONTINUE READING


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