Abstract
The paper examines whether the Mankiw et al. results regarding the Solow model are specific to the statistical methodology used. Therefore, instead of using cross-section data, annual data were used and the Solow model was investigated using a Vector Auto Regression (VAR) analysis for the G7 countries, and cross-section time-series data for the G3 countries. Analysis shows that, in both cases, the Mankiw et al. results generally hold. It also shows that the use of annual data can play an important and complementary role in revealing the differences in the growth process between individual countries.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 739-747 |
| Number of pages | 9 |
| Journal | Applied Economics |
| Volume | 32 |
| Issue number | 6 |
| State | Published - 2000 |
| Externally published | Yes |
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ASJC Scopus subject areas
- Economics and Econometrics
Cite this
The Solow growth model : Vector autoregression (VAR) and cross-section time-series analysis. / Kalaitzidakis, Pantelis; Korniotis, George.
In: Applied Economics, Vol. 32, No. 6, 2000, p. 739-747.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - The Solow growth model
T2 - Vector autoregression (VAR) and cross-section time-series analysis
AU - Kalaitzidakis, Pantelis
AU - Korniotis, George
PY - 2000
Y1 - 2000
N2 - The paper examines whether the Mankiw et al. results regarding the Solow model are specific to the statistical methodology used. Therefore, instead of using cross-section data, annual data were used and the Solow model was investigated using a Vector Auto Regression (VAR) analysis for the G7 countries, and cross-section time-series data for the G3 countries. Analysis shows that, in both cases, the Mankiw et al. results generally hold. It also shows that the use of annual data can play an important and complementary role in revealing the differences in the growth process between individual countries.
AB - The paper examines whether the Mankiw et al. results regarding the Solow model are specific to the statistical methodology used. Therefore, instead of using cross-section data, annual data were used and the Solow model was investigated using a Vector Auto Regression (VAR) analysis for the G7 countries, and cross-section time-series data for the G3 countries. Analysis shows that, in both cases, the Mankiw et al. results generally hold. It also shows that the use of annual data can play an important and complementary role in revealing the differences in the growth process between individual countries.
UR - http://www.scopus.com/inward/record.url?scp=0034103293&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0034103293&partnerID=8YFLogxK
M3 - Article
AN - SCOPUS:0034103293
VL - 32
SP - 739
EP - 747
JO - Applied Economics
JF - Applied Economics
SN - 0003-6846
IS - 6
ER -