Policymakers BewareThe Use and Misuse of Regressions in Explaining Economic Growth

Resumo

In recent years a voluminous literature relying on cross-national data sets and linear-regression analysis has confidently drawn major inferences about the causes of economic growth. This literature has not been confined to purely academic debates: its results have been used widely to influence economic policies in developing countries. But policymakers must be cautious in interpreting the results of these exercises. They are often clouded by serious methodological problems that are seldom discussed transparently. The purpose of this Policy Research Brief is to explore the limitations of the current growth-regression approach to formulating policies in the real world and pose some promising alternatives. (...)

Ficha do documento

Tipo

Estudo

Ano

2007

Instituição

Instituto de Pesquisa Econômica Aplicada

Fonte

Repositório do Ipea

Idioma

Inglês

Acesso

Acesso aberto

Identificador

oai:repositorio.ipea.gov.br:11058/15552

Licença

Licença total exclusiva

Palavras-chave

PolicymakersRegressionsExplaining Economic GrowthPoverty