Parameter estimation under model uncertainty is a difficult and fundamental issue in
econometrics. This paper compares the performance of various model averaging …

Can increasing sophistication in service exports lead to economic growth? Although
services were historically produced primarily for domestic consumption, they are gradually …

This paper explores welfare dynamics among households in rural Mozambique. Using
household panel data, we test whether an asset-based poverty trap exists. Findings indicate …

In this paper, we investigate the robustness of the relationship between trade openness and
long-run economic growth over the sample period 1960–2000, utilising Bayesian model …

The study of technological capability accumulation processes (TCA) for developing
countries is long-standing. The studies tend to adopt a narrow perspective to science …

This paper proposes two methods for estimating panel data models with group specific
parameters when group membership is not known. The first method uses the individual level …

Unplanned Development offers a fascinating and fresh view into the realities of development
planning. While to the outsider most development projects present themselves as thoroughly …

Transformation of the previous centrally growth‐oriented economic systems to a sustainable
bio‐economy is a global political trend, where public policy is a key factor in making this …

Employing a unique index of Tax and Expenditure Limitation (TEL) restrictiveness, we
estimate a family of economic growth models using a panel of the 50 US states for the period …

Abstract Mankiw, Romer, and Weil (1992) made the Solovian set up widely used to test the
determinants of economic growth and the speed of convergence. In accordance with the …