✦ LIBER ✦
Non-linearities in cross-country growth regressions: a semiparametric approach
✍ Scribed by Zhenjuan Liu; Thanasis Stengos
- Publisher
- John Wiley and Sons
- Year
- 1999
- Tongue
- English
- Weight
- 156 KB
- Volume
- 14
- Category
- Article
- ISSN
- 0883-7252
No coin nor oath required. For personal study only.
✦ Synopsis
In this paper we employ an additive semiparametric partially linear model to uncover the way that initial output and schooling levels aect growth rates. Our results based on marginal integration allow for graphical representation of the non-linearities that characterize the eects that these variables have on growth rates and suggest the presence of multiple regimes (equilibria). Our ®ndings seem to be in agreement with those of Durlauf andJohnson (1995) andHansen (1996) who used a dierent data set. Copyright