Baseline regression results: Augmented Solow Model
Augmented Solow Model with Mincerian Schooling and Infrastructure Externalities
... an augmented neoclassical growth model with Mincerian approach to human capital and infrastructure quality having a direct effect on overall productivity of economic ...the model led to a structural ...
23
"Aggregate Returns to Social Capital: Estimates Based on the Augmented Augmented-Solow Model"
... contain results with the entire sample ...level regression, the estimated social capital elasticities, γ, falls in the ranges of ...estimation results suggest the possibility of endogeneity ...test ...
43
European Regional Convergence in a Human Capital Augmented Solow Model
... The Solow model extended by human capital is employed as a ...weighted regression approach indicates a wide variation in the speed of convergence across the regions, where a higher speed is striking ...
27
On the Causality between GDP and Health Care Expenditure in Augmented Solow Growth Model
... the augmented Solow model suggested by Mankiw, Romer and Weil (1992) to explain variation in output and expenditure per capita across ...MRW model by incorporating health capital proxied by ...
20
Empirical Applications of Neoclassical Growth Models the "Fit" of the Solow Augmented Growth Model
... this model diverges extremely from MRW for the first ...Jones` model assumes h to be e ψu , where u is the amount of years spent on schooling and ψ the effect of one more year of schooling on output per ...
39
The Impact of CEMAC Bilateral Trade on the Economic Growth of Cameroon: Evidence from the Augmented Solow Model
... PPML regression results for Cameroon’s education values reveal that education has a negative but significant impact on the economic growth of the ...The results are not in conformity with economic a ...
9
Empirical Estimation of the Solow Growth Model: A Panel Approach
... of Solow growth model in 20 OECD countries over the period ...and augmented Solow ...estimation. Results imply that appending human capital measure in augmented Solow ...
40
Macroeconomic Forecasting with Factor-Augmented Adjusted Band Regression
... the results of studies using this benchmark will be severely compromised if this improvement is not ...conventional model selection criteria such as AIC and BIC are ...
14
Permuted and Augmented Stick-Breaking Bayesian Multinomial Regression
... To model categorical response variables given their covariates, we propose a permuted and augmented stick-breaking (paSB) construction that one-to-one maps the observed cate- gories to randomly permuted ...
33
Modelling the Economic Growth Rate of Ghana using the Solow Model
... the Solow growth model (Augmented Cobb-Douglas production function) as a basis to model the economic growth of Ghana during the period 1990 to ...we model the economic growth of Ghana ...
18
Economic Growth: Lecture 4, The Solow Growth Model and the Data
... Cross-Country Income Di¤erences: Regressions IV If these regression results are reliable, they give a big boost to the augmented Solow model. Adjusted R 2 suggests that three quarters ...
52
Solow vs. Solow : notes on identification and interpretation in the empirics of growth and development.
... ln , which reproduces the basic structure of the regression equations used by Hall and Jones (1999), Acemoglu et al. (2001), and Sachs (2003). That is, by imposing a cross-country restriction on the factor ...
20
Institutions Augmented Solow Model And Club Convergence
... institutions augmented Solow model that accounts for the impacts of the quality of institutions on levels and growth rates of ...traditional Solow model allowing for interactions ...
10
Happiness in Solow Growth Model
... pooled regression show that growth rates of ecological footprint index and life expectancy both are significantly explaining TFP, but life satisfaction index is found to be ...
19
Country portfolios and the Solow-model
... The (heuristic) approach of the literature has difficulties in explaining the be- havior of NFA in a few big countries, most importantly the U.S. Although being a country with high output per capita, and also ...
31
The Solow Model and Standard of Living
... Robert Solow and others in the field. Through his research, Solow was able to develop a model that consistently matches empirical data as to what causes the standard of living in a country to grow, ...
22
A spatial Solow model with transport cost
... spatial Solow model with capital-induced labor ...the model is stable, and the economy converges to this spatially homogeneous state in the long run; on the other hand, if transport cost is smaller ...
14
Lecture 4: The Solow Growth Model
... a model of economic growth: the Solow growth model. The model consists of of two equations: a production function and a capital accumulation equation, which we will derive ...the model ...
5
A new model of technical change and an application to the Solow model
... growth model where technical change deter- mines not only the growth rate but also steady-state variables linked to the first derivatives of the production func- ...our model to be unexpected in light of ...
18
From Which Side to the Steady State of the Augmented Solow Model? The Role of Country-Specific Total Factor Productivity Growth Rates
... The number of non-oil countries approaching their steady state from per capita income levels above those in the steady state has been reduced from 49 as reported by CG to 22 for the B-ty[r] ...
32