Explain solow models and oecd growth

Assignment Help Macroeconomics

Reference no: EM131444137

Question: Explore further growth regressions for the OECDGrowth data using the augmented and extended Solow models of Nonneman and Vanhoudt (1996), which consider the additional regressors log(school) (human capital) and log(randd) (technological know-how), respectively. First, replicate the OLS results from Nonneman and Vanhoudt (1996, Table IV), and subsequently compare them with the resistant LTS results by adopting the strategy of Zaman et al. (2001).

Reference no: EM131444137

Questions Cloud

Risky investment for hippique shareholders : Hippique, which owns a stable of racehorses, has just invested in a mysterious black stallion with great form but disputed bloodlines. Some experts in horse flesh predict the horse will win the coveted Prix de Bidet; others argue that itshould be..

What role does the concept of exclusionary rule play : What role does the concept of exclusionary rule play in our criminal justice system?To what extent might one argue that the exclusionary rule has gone too far in protecting civil liberties at the expense of fighting crime?

Prepare a graduation project program for nursery : BIT415 - You need to prepare a Graduation Project program for Nursery and Plan and execute an interaction design project at advanced level in the chosen BIT field, individually or in small teams, within the time and resource limitations at hand.

Net present value calculation : BigSteve's, makers of swizzlesticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $110,000 and will generate net cash inflows of $20000 per year for 9 years.

Explain solow models and oecd growth : Explore further growth regressions for the OECDGrowth data using the augmented and extended Solow models of Nonneman and Vanhoudt (1996), which consider the additional regressors log(school) (human capital) and log(randd) (technological know-how),..

Assessing the quality of earnings : One step in assessing the quality of earnings is to look for red flags. An example of a red flag is a significant increase in accounts receivable without commensurate growth in sales (i.e., accounts receivable turnover decreases).

What is probit model : The PSID1976 data originating from Mroz (1987) are used in many econometrics texts, including Greene (2003) and Wooldridge (2002). Following Greene (2003, p. 681).

Identify specific examples in the language of prior decision : As a clerk for an Associate Justice of the U.S. Supreme Court, prepare a 4-5-page opinion for the Court based on the following facts: James Smith was arrested for burglarizing his next door neighbor's apartment in the state of California. And with..

Obtain scatterplots of the logarithm of the real wage : In fact, education corresponds to years of schooling and therefore takes on only a limited number of values. Transform education into a factor and obtain parallel boxplots of wage stratified by the levels of education. Repeat for experience.

User Account

All Pages