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Growth Determinant Analysis

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  • Andre Dramais

Abstract

Use of an OECD basis of growth determinant to select the most appropriate model for explaining GDP per capita levels. The data basis was analysed by standard econometric techniques but the "best" models were selected by Bayrsian techniques using the Metropol-lis *Hastings methodGiven the high degree of colinearity among the growth indicators a sparce model was found to be best

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  • Andre Dramais, 2011. "Growth Determinant Analysis," EcoMod2011 2708, EcoMod.
    • Handle: RePEc:ekd:002625:2708
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