Persuasion: Reflections on economics, data, and the 'homogeneity assumption'

Journal of Economic Methodology

Volumn 12, Issue 1, 2005, Pages 63-91

  Fforde, Adam ^a  

^a UNIVERSITY OF MELBOURNE   (Australia)

Author keywords

Experimental economics; Homogeneity; Methodology; Neo institutional economics; Policy advice; Robustness testing

Indexed keywords

EID: 14644431685     PISSN: 1350178X     EISSN: None     Source Type: Journal    
DOI: 10.1080/1350178042000330904     Document Type: Review

References (76)

1. Ahmed, H. and Miller, S.M. (2000) 'Crowding-out and crowding-in effects of the components of government expenditure', Contemporary Economic Policy 18: 124-33.
2. Alexander, W.R.J. (1997) 'Inflation and economic growth: evidence from a growth equation', Applied Economics 29: 233-8.
3. Amoateng, K. and Amoako-Adu, B. (1996) 'Economic growth, export and external debt causality: the case of African countries', Applied Economics 28: 21-7.
4. Arrow, Kenneth J. (1986) 'Rationality of self and others in an economic system', Journal of Business 59(4, part 2): S385-99.
5. Bates, R.H. (1995) 'Social dilemmas and rational individuals: an assessment of the new institutionalism', in J. Hariss et al. (eds) The New Institutional Economics and Third World Development, London: Routledge.
6. Ben-David, D. (1993) 'Equalizing exchange: trade liberalization and income convergence', Quarterly Journal of Economics 108: 653-79.
7. Benhabib, J. and Spiegel, M.M. (2000) The role of financial development in growth and investment', Journal of Economic Growth 5: 341-60.
8. Bergstrom, T.C. and Miller, J.H. (2000) Experiments with Economics Principles: Microeconomics 2nd ed, Boston, MA: Irwin McGraw-Hill.
9. Berthelemy, J.C. and Varoudakis, A. (1996) 'Economic growth, convergence clubs and the role of financial development', Oxford Economic Papers 48: 300-28.
10. Booth, A. (1999) 'Initial conditions and miraculous growth: why is South East Asia different from Taiwan and South Korea?', World Development 27: 301-22.
11. Bougheas, S., Demetriades, P.O. and Mamuneas, T.P. (2000) 'Infrastructure, specialization and economic growth', Canadian Journal of Economics 33: 506-22.
12. Brock, W.A. and Durlauf, S.N. (2000) 'Growth economics and reality', NBER Working Paper 8041 December.
13. Bruno, M. and Easterly, W. (1998) 'Inflation crises and long-run growth', Journal of Monetary Economics 41: 3-26.
14. Bruton, H.J. (1998) 'A reconsideration of import substitution', Journal of Economic Literature XXXVI: 903-36.
15. Camerer, C. (1995) 'Individual decision making', in John H. Hagel and Alvin E. Roth (eds) The Handbook of Experimental Economics, Princeton, NJ: Princeton University Press.
16. Cameron, L. (1999) 'Raising the stakes in the ultimatum game: experimental evidence from Indonesia', Economic Inquiry 37: 47-59.
17. Cheng, B.S. and Hsu, R.C. (1997) 'Human capital and economic growth in Japan: an application of time series analysis', Applied Economics Letters 4: 393-5.
18. Cheshire, P. and Magrini, S. (2000) Endogenous processes in European regional growth: convergence and policy', Growth and Change 31: 455-79.
19. Clarke, G.R.G. (1995) 'More evidence on income-distribution and growth', Journal of Development Economics 47: 403-27.
20. Comim, F. (2000) 'On the concept of applied economics: lessons from Cambridge economics and the history of growth theories', History of Political Economy 32: 147-76 (suppl. S).
21. Demetriades, P.O. and Hussein, K.A. (1996) 'Does financial development cause economic growth? Time-series evidence from 16 countries', Journal of Development Economics 51: 387-411.
22. Dollar, D. (1992) 'Outward-oriented developing countries really do grow more rapidly: evidence from 95 LDCs', Economic Development and Cultural Change 40: 523-44.
23. Dotsey, M. and Sarte, P.D. (2000) 'Inflation uncertainty and growth in a cash-in-advance economy', Journal of Monetary Economics 45: 631-55.
24. Dowling, M. and Summers, P.M. (1998) Total factor productivity and economic growth: some issues for Asia', The Economic Record 74: 170-85.
25. Easterly, W. (2001) 'The lost decade: developing countries' stagnation in spite of policy reform 1980-1998', Journal of Economic Growth 6: 135-57.
26. Easterly, W. and Levine, R. (1997) 'Africa's growth tragedy: policies and ethnic divisions', The Quarterly Journal of Economics (November): 1203-1250.
27. Easterly, W., Loayza, N. and Montiel, P. (1997) 'Has Latin America's post-reform growth been disappointing?', Journal of International Economics 43: 287-311.
28. Eckel, C.C. and Grossman, P.J. (1998) 'Are women less selfish than men?: evidence from dictator experiments', The Economic Journal 108: 726-35.
29. Eckel, C.C. and Grossman, P.J. (forthcoming) 'Differences in the economic decisions of men and women: experimental evidence', in Charles Plott and Vernon L. Smith (eds) Handbook of Results in Experimental Economics, New York: North-Holland.
30. Edwards, S. (1998) 'Openness, productivity and growth: what do we really know?', The Economic Journal (March): 383-98.
31. Goldfarb, R.S. (1997) 'Now you see it, now you don't: emerging contrary results in economics,', Journal of Economic Methodology 4: 221-44.
32. Goldfarb, R.S. and Stekler, H. (2000) 'Why do empirical results change?: forecasts as tests of rational expectations.', History of Political Economy 32: 95-116 (annual suppl.).
33. Hagel, J.H. and Roth, A.E. (1995) The Handbook of Experimental Economics, Princeton, NJ: Princeton University Press.
34. Hanushek, E.A. and Kimko, D.D. (2000) 'Schooling, labour-force quality and the growth of nations', The American Economic Review 90: 1184-208.
35. Hausman, D.M. (1992) The Inexact and Separate Science of Economics, New York: Cambridge University Press.
36. Hendry, D.F. and Mizon, G.E. (1990) 'Procrustean econometrics: or stretching and squeezing data', in C.W.J. Granger (ed) Modelling Economic Times Series: Readings in Econometric Methodology, Oxford: Clarendon Press.
37. Henning-Schmidt, H., Zhu Yu, L. and Chao Liang, Y. (n/d) 'A cross-cultural study on negotiation behaviour. A video experiment run in Germany and the People's Republic of China', Mimeo.
38. Henrich, J. and Smith, N. (n/d) 'Comparative experimental evidence from Peru, Chile and the US shows substantial variation among social groups', Mimeo.
39. Henrich, J., Boyd, R., Bowles, S., Camerer, C., Fehy, E., Gintis, H. and McElreath, R. (2001) 'Cooperation, reciprocity and punishment in fifteen small-scale societies', Mimeo (January).
40. Hoover, K. and Perez, S. (forthcoming) 'Truth and robustness in cross-country growth regressions', Oxford Bulletin of Economics and Statistics 66: 765-98.
41. Jehle, G.A. and Reny, P.J. (1998) Advanced Microeconomic Theory, Reading, MA: Addison-Wesley.
42. Kalaitzidakis, P., Mamuneas, T.P. and Stengos, I. (2000) 'A non-linear sensitivity analysis of cross-country growth regressions', Canadian Journal of Economics 33: 604-17.
43. Kenny, C. and Williams, D. (2001) 'What do we know about economic growth? Or, why don't we know very much?', World Development 29: 1-22.
44. Kidd, M.P. and Shannon, M. (1997) 'Imputation of female labour market experience: some Australian evidence on the Zabalza and Arrufat method', The Economic Record 73: 136-45.
45. Kim, S. and Willett, T.D. (2000) 'Is the negative correlation between inflation and growth real? An analysis of the effects of the oil supply shocks', Applied Economics Letters 7: 141-7.
46. Kline, M. (1980) Mathematics: The Loss of Certainty, New York: Oxford University Press.
47. Learner, E.E. (1983) 'Let's take the con out of econometrics', American Economic Review 73: 31-43.
48. Lee, D.W. and Lee, T.H. (1995) 'Human-capital and economic-growth - tests based on the international evaluation of educational-achievement', Economics Letters 47: 219-25.
49. Levine, R. and Renelt, D. (1992) 'A sensitivity analysis of cross-country growth regressions', American Economic Review 82: 942-63.
50. Levine, R. and Zervos, S.J. (1993) 'What have we learnt about policy and growth from cross-country regressions?', The American Economic Review 82: 426-30 (Papers and Proceedings, May).
51. Levine, R. and Zervos, S. (1996) 'Stock market development and long-run growth', World Bank Economic Review 10: 323-39.
52. Lindauer, D.L. and Pritchett, L. (2002) 'What's the big idea? The third generation of policies for economic growth', Economia 3: 1-39.
53. Lindh, T. and Lindstrom, T. (1997) 'Structural breaks in financial share, savings and growth in OECD: 1960-92', Applied Economics 29: 33-41.
54. McAleer, M., Pagan, A.R. and Volcker, P.A. (1985) 'What will take the con out of econometrics?', American Economic Review 75: 293-307.
55. Mehlkop, G. (2000) 'Analysis of values and economic growth - methodological problems', Zeitschrift fur Soziologie 29: 217-226.
56. North, D.C. (1995) 'The new institutional economics and Third World development', in J. Harriss et al. (eds) The New Institutional Economics and Third World Development, London: Routledge.
57. North, D.C. and Weingast, B.R. (1989) 'Constitutions and commitment: the evolution of institutions governing public choice in seventeenth century England', Journal of Economic History 49: 803-32.
58. Panlilio, F. (1963) Elementary Theory of Structural Strength, London: John Wiley and Sons.
59. Plane, P. (1997) 'Privatization and economic growth: an empirical investigation from a sample of developing market economies', Applied Economics 29: 161-78.
60. Plott, C. and Smith, V.L. (eds) (forthcoming) Handbook of Results in Experimental Economics, New York: North-Holland.
61. Pugno, M. (1996) 'Structural stability in a cross-country neoclassical growth model', Applied Economics 28: 1555-66.
62. Quinn, D. (1997) 'The correlates of change in international financial regulation', American Political Science Review 91: 531-51.
63. Rodriguez, F. and Rodrik, D. (1999) 'Trade policy and economic growth: a skeptics guide to the cross-national evidence', NBER Working Paper 7081 (April).
64. Roth, A.E. (1995) 'Introduction to experimental economics', in John H. Kagel and Alvin E. Roth (eds) The Handbook of Experimental Economics, Princeton NJ: Princeton University Press.
65. Sachs, J. and Warner, A. (1995) 'Economic reform and the process of global integration', Brookings Papers on Economic Activity 1: 1-118.
66. Seccareccia, M. and Lavoie, M. (1996) 'Central bank austerity policy, zero-inflation targets and productivity growth in Canada', Journal of Economic Issues XXX, 533-44.
67. Shi, S. (1999) 'Search, inflation and capital accumulation', Journal of Monetary Economics 44: 81-103.
68. Simon, H.A. (1986) 'Rationality in psychology and economics', Journal of Business 59: S209-24.
69. Temple, J. (2000) 'Inflation and growth: stories short and tall', Journal of Economic Surveys 14: 395-426.
70. Torstensson, J. (1994) 'Property rights and economic growth - an empirical study', Kyklos 47: 231-47.
71. Widmalm, F. (2001) 'Tax structure and growth: are some taxes better than others?', Public Choice 107: 199-219.
72. Winch, P. (1992) 'Persuasion', Midwest Studies in Philosophy XVII.
73. Wood, A. (1994) 'Comment', in Luigi. Pasinetti and Robert M. Solow (eds). Economic growth and the structure of long-term development, Proceedings of the IEA Conference, Varenna, Italy, 1992 (IEA Conference Volume, No. 1), London: Macmillan.
74. Wood, A. (1997) 'Openness and wage inequality in developing countries: the Latin American challenge to East Asian conventional wisdom', The World Bank Economic Review 11: 33-57.
75. Wright, S. (1997) 'Policy: a new field of anthropology', in Chris Shore and Susan Wright (eds) Anthropology of Policy: Critical Perspectives on Governance and Power, London: Routledge.
76. Yonay, Y.P. (1998) The Struggle over the Soul of Economics, Princeton: Princeton University Press.