G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1392
DP1392 The Capital Structure of Firms in Central and Eastern Europe
Mark Schaffer; Francesca Cornelli; Richard Portes
发表日期1996-05-31
出版年1996
语种英语
摘要Kelly (1992) has recently shown that evidence on convergence cannot be taken as evidence against endogenous growth in general. This study uses a well-known class of stochastic growth models to show other difficulties with traditional empirical studies of convergence. Key parameters typically cannot be estimated consistently in cross-section regressions. When the parameters are assumed known, implications for convergence are unavailable except under restrictive and economically unmotivated assumptions. Those same assumptions that relate key parameters to cross-country convergence render cross-section regressions impossible to estimate consistently.
主题International Macroeconomics
关键词Cross-country dependence Cross-country regression Increasing returns Stochastic growth Time-series regression
URLhttps://cepr.org/publications/dp1392
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530535
推荐引用方式
GB/T 7714
Mark Schaffer,Francesca Cornelli,Richard Portes. DP1392 The Capital Structure of Firms in Central and Eastern Europe. 1996.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Mark Schaffer]的文章
[Francesca Cornelli]的文章
[Richard Portes]的文章
百度学术
百度学术中相似的文章
[Mark Schaffer]的文章
[Francesca Cornelli]的文章
[Richard Portes]的文章
必应学术
必应学术中相似的文章
[Mark Schaffer]的文章
[Francesca Cornelli]的文章
[Richard Portes]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。