Cross-country studies of growth and policy: methodological, conceptual, and statistical problems
Ross Levine () and
David Renelt
No 608, Policy Research Working Paper Series from The World Bank
Abstract:
This paper reviews the conceptual, methodological, and statistical problems associated with drawing inferences from cross-country regressions. The authors elaborate on the particular problems associated with empirical attempts to link particular policies with long-run growth. They hope to stimulate improvements in the design, implementation, and interpretability of cross-country investigations and to caution readers about the confidence they place in existing findings.
Keywords: Economic Theory&Research; Achieving Shared Growth; Environmental Economics&Policies; Governance Indicators; Inequality (search for similar items in EconPapers)
Date: 1991-03-31
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Citations: View citations in EconPapers (51)
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:608
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