Comments on ‘Jointness of growth determinants’
Copyright policy )Comments on ‘Jointness of growth determinants’
AbstractWe consider the measures of jointness proposed by Doppelhofer and Weeks (2009) and Strachan (2009) in the context of variable selection. Using the general criteria suggested in Ley and Steel (2007), we identify some shortcomings of these measures, which are illustrated with empirically relevant example cases. We argue that careful examination of the properties of any jointness measure is critical before using it to inform decisions, and favour the use of the measures proposed in Ley and Steel (2007). Copyright © 2009 John Wiley & Sons, Ltd.
- World Bank United States
- University of Warwick United Kingdom
Aggregate Productivity, Multiple or Simultaneous Equation Models: General C300, 330, Cross-Country Output Convergence O470, Single Variables: General C200, Econometric Modeling: General C500, Single Equation Models, Measurement of Economic Growth
Aggregate Productivity, Multiple or Simultaneous Equation Models: General C300, 330, Cross-Country Output Convergence O470, Single Variables: General C200, Econometric Modeling: General C500, Single Equation Models, Measurement of Economic Growth
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