| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2453 |
| DP2453 Banking Crises and Bank Rescues: The Role of Reputation | |
| Jennifer Corbett; Janet Mitchell | |
| 发表日期 | 2000-05-30 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | We construct a revised version of the Barro and Lee (1996) data set for a sample of OECD countries using previously unexploited sources and following a heuristic approach to obtain plausible time profiles for attainment levels by removing sharp breaks in the data that seem to reflect changes in classification criteria. It is then shown that these revised data perform much better than the Barro and Lee (1996) or Nehru et al (1995) series in a number of growth specifications. We interpret these results as an indication that poor data quality may be behind counterintuitive findings in the recent literature on the (lack of) relationship between educational investment and growth. Using our preferred empirical specification, we also show that the contribution of TFP to cross-country productivity differentials is substantial and that its relative importance to differences in factor stocks increases over time. |
| 主题 | International Macroeconomics |
| 关键词 | Growth Human capital |
| URL | https://cepr.org/publications/dp2453 |
| 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/531532 |
| 推荐引用方式 GB/T 7714 | Jennifer Corbett,Janet Mitchell. DP2453 Banking Crises and Bank Rescues: The Role of Reputation. 2000. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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