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 exam...

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Main Authors:	Ley, Eduardo, Steel, Mark F. J.
Format:	Journal Article
Language:	EN
Published:	2012
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

id	okr-10986-4689
recordtype	oai_dc
spelling	okr-10986-46892021-04-23T14:02:19Z 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
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
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
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 Ley, Eduardo Steel, Mark F. J. Comments on 'Jointness of Growth Determinants'
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
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
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	2012
url	http://hdl.handle.net/10986/4689
_version_	1764392409317244928

Comments on 'Jointness of Growth Determinants'

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