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Cross-country studies of growth and policy : methodological, conceptual, and statistical problems

  • Levine, Ross
  • Renelt, David

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.

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File URL: http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/1991/03/01/000009265_3961001002511/Rendered/PDF/multi0page.pdf
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Paper provided by The World Bank in its series Policy Research Working Paper Series with number 608.

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Date of creation: 31 Mar 1991
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Handle: RePEc:wbk:wbrwps:608
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