IDEAS home Printed from https://ideas.repec.org/p/sce/scecf5/343.html
   My bibliography  Save this paper

A Re-Examination of the Determinants of Economic Growth Using Simultaneous Equation Dynamic Panel Data Models

Author

Listed:
  • Susanne Broeck
  • Michael Binder

    (Johann Wolfgang Goethe University)

Abstract

This paper advances a dynamic simultaneous equation panel framework to re-examine the determinants of economic growth in a large cross-country data set. Besides caputring the simultaneity of the potential determinants of economic growth and carefully separating short- from long-run dynamics, the framework advanced allows for a variety of other features of cross-country growth data, including heterogeneity and cross-sectional dependence. Evidence shall be adduced as to which (if any) of the variables that have been prominently suggested in the empirical growth literature to be determinants of growth are in fact at least long-run forcing. Furthermore, summary statistics shall be presented regarding the quantitative strength of the long-run relation between these variables and output growth and the possible long-run feedback from these variables onto output growth.

Suggested Citation

  • Susanne Broeck & Michael Binder, 2005. "A Re-Examination of the Determinants of Economic Growth Using Simultaneous Equation Dynamic Panel Data Models," Computing in Economics and Finance 2005 343, Society for Computational Economics.
  • Handle: RePEc:sce:scecf5:343
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alfaro, Laura & Hammel, Eliza, 2007. "Capital flows and capital goods," Journal of International Economics, Elsevier, vol. 72(1), pages 128-150, May.

    More about this item

    Keywords

    Economic Growth; Panel Data;

    JEL classification:

    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sce:scecf5:343. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F. Baum (email available below). General contact details of provider: https://edirc.repec.org/data/sceeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.