Miniatura

Fitxers

523140.pdf (135.77 KB)

Tipus de document

Article

Versió

Versió acceptada

Data de publicació

2004

Tots els drets reservats

Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/123395

Growth, convergence and public investment. A Bayesian model averaging approach

Títol de la revista

Autors

Director/Tutor

ISSN de la revista

Títol del volum

Recurs relacionat

https://doi.org/10.1080/0003684042000245534

Resum

The aim of this study is twofold. First, the determinants of economic growth are studied among a wide set of potential variables for the Spanish provinces (NUTS3). Among others, various types of private, public and human capital in the group of growth factors are included. Also, it is analysed whether Spanish provinces have converged in economic terms in recent decades. The second objective is to obtain cross-section and panel data parameter estimates that are robust to model specification. For this purpose, a Bayesian Model Averaging (BMA) approach is used. Bayesian methodology constructs parameter estimates as a weighted average of linear regression estimates for every possible combination of included variables. The weight of each regression estimate is given by the posterior probability of each model.

Matèries

Política econòmica, Inversions públiques, Estadística bayesiana, Espanya

Matèries (anglès)

Economic policy, Public investments, Bayesian statistical decision, Spain

Citació

Col·leccions

Articles publicats en revistes (Economia)

Citació

LEÓN-GONZÁLEZ, Roberto, MONTOLIO, Daniel. Growth, convergence and public investment. A Bayesian model averaging approach. _Applied Economics_. 2004. Vol. 36, núm. 17, pàgs. 1925-1936. [consulta: 20 de gener de 2026]. ISSN: 0003-6846. [Disponible a: https://hdl.handle.net/2445/123395]

Exportar metadades

JSON - METS

Compartir registre