HOW DIFFERENT IS AFRICA? A COMMENT ON MASANJALA AND PAPAGEORGIOU

被引：24

作者：

Cuaresma, Jesus Crespo ^{[1
,2
,3
]}

机构：

[1] Vienna Univ Econ & Business, Dept Econ, Innsbruck, Austria

[2] Int Inst Appl Syst Anal, World Populat Program, Innsbruck, Austria

[3] Austrian Inst Econ Res WIFO, Innsbruck, Austria

来源：

JOURNAL OF APPLIED ECONOMETRICS | 2011年 / 26卷 / 06期

关键词：

BAYESIAN VARIABLE SELECTION; GROWTH; JOINTNESS; MODELS;

D O I：

10.1002/jae.1180

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Masanjala and Papageorgiou (Rough and lonely road to prosperity: a reexamination of the sources of growth in Africa using Bayesian model averaging, Journal of Applied Econometrics 2008; 23(5): 671-682) use Bayesian model averaging to evaluate the existence of parameter heterogeneity between African and non-African countries in the framework of cross-country growth regressions. We show that their results are not robust to the use of a prior over the model space that respects the strong heredity principle put forward by Chipman (Chipman HA. 1996. Bayesian variable selection with related predictors. Canadian Journal of Statistics 24: 17-36) for models including interaction terms. Copyright. (C) 2010 John Wiley & Sons, Ltd.

引用

页码：1041 / 1047

页数：7

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