Comments on 'Jointness of Growth Determinants'
We 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).
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| Format: | Journal Article biblioteca |
| Language: | EN |
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2009
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| Subjects: | Single Equation Models, Single Variables: General C200, Multiple or Simultaneous Equation Models: General C300, Econometric Modeling: General C500, Measurement of Economic Growth, Aggregate Productivity, Cross-Country Output Convergence O470, |
| Online Access: | http://hdl.handle.net/10986/4689 |
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dig-okr-1098646892021-04-23T14:02:19Z Comments on 'Jointness of Growth Determinants' Ley, Eduardo Steel, Mark F. J. Single Equation Models Single Variables: General C200 Multiple or Simultaneous Equation Models: General C300 Econometric Modeling: General C500 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 We 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). 2012-03-30T07:29:15Z 2012-03-30T07:29:15Z 2009 Journal Article Journal of Applied Econometrics 08837252 http://hdl.handle.net/10986/4689 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article |
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Banco Mundial |
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Estados Unidos |
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| component |
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| tag |
biblioteca |
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America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
EN |
| topic |
Single Equation Models Single Variables: General C200 Multiple or Simultaneous Equation Models: General C300 Econometric Modeling: General C500 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Single Equation Models Single Variables: General C200 Multiple or Simultaneous Equation Models: General C300 Econometric Modeling: General C500 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 |
| spellingShingle |
Single Equation Models Single Variables: General C200 Multiple or Simultaneous Equation Models: General C300 Econometric Modeling: General C500 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Single Equation Models Single Variables: General C200 Multiple or Simultaneous Equation Models: General C300 Econometric Modeling: General C500 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Ley, Eduardo Steel, Mark F. J. Comments on 'Jointness of Growth Determinants' |
| description |
We 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). |
| format |
Journal Article |
| topic_facet |
Single Equation Models Single Variables: General C200 Multiple or Simultaneous Equation Models: General C300 Econometric Modeling: General C500 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 |
| author |
Ley, Eduardo Steel, Mark F. J. |
| author_facet |
Ley, Eduardo Steel, Mark F. J. |
| author_sort |
Ley, Eduardo |
| title |
Comments on 'Jointness of Growth Determinants' |
| title_short |
Comments on 'Jointness of Growth Determinants' |
| title_full |
Comments on 'Jointness of Growth Determinants' |
| title_fullStr |
Comments on 'Jointness of Growth Determinants' |
| title_full_unstemmed |
Comments on 'Jointness of Growth Determinants' |
| title_sort |
comments on 'jointness of growth determinants' |
| publishDate |
2009 |
| url |
http://hdl.handle.net/10986/4689 |
| work_keys_str_mv |
AT leyeduardo commentsonjointnessofgrowthdeterminants AT steelmarkfj commentsonjointnessofgrowthdeterminants |
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