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Under Performers and Over Achievers: A Quantile Regression Analysis of Growth

  • Raul A. Barreto
  • Anthony W. Hughes

Numerous papers have searched for empirical linkages between long run economic growth and a myriad of economic, socio-political and environmental factors. Most of these studies use ordinary least-squares regression or panel regression analysis on a sample of countries and therefore consider the behaviour of growth around the mean of the conditional distribution. We extend the literature by using quantile regression to analyse long-term growth at a variety of points in the conditional distribution. By using this approach, we identify the determinants of growth for under performing countries relative to those for over achieving countries. Copyright � 2004 Economic Society of Australia..

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Article provided by The Economic Society of Australia in its journal The Economic Record.

Volume (Year): 80 (2004)
Issue (Month): 248 (03)
Pages: 17-35

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Handle: RePEc:bla:ecorec:v:80:y:2004:i:248:p:17-35
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