Comparison of model averaging techniques: Assessing growth determinants

Journal of Applied Econometrics

Volumn 27, Issue 5, 2012, Pages 870-876

  Amini, Shahram M ^a   Parmeter, Christopher F ^b  

^a VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY   (United States)

^b UNIVERSITY OF MIAMI   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84864019861     PISSN: 08837252     EISSN: 10991255     Source Type: Journal    
DOI: 10.1002/jae.2288     Document Type: Article

References (15)

1. Amini S, Parmeter CF. 2011. Bayesian model averaging in R. Journal of Economic and Social Measurement 36(4): 253-287.
2. Brock W, Durlauf S. 2001. Growth empirics and reality. World Bank Economic Review 15(2): 229-272.
3. Buckland ST, Burnham KP, Augustin NH. 1997. Model selection: an integral part of inference. Biometrics 53(2): 603-618.
4. Doppelhofer G, Weeks M. 2009. Jointness of growth determinants. Journal of Applied Econometrics 24(2): 209-244.
5. Durlauf SN, Johnson P, Temple J. 2005. Growth econometrics. In Handbook of Economic Growth, Vol. 1A, Aghion P, Durlauf SN (eds). North-Holland: Amsterdam; 555-677.
6. Durlauf SN, Kourtellos A, Tan C-M. 2008. Are any growth theories robust? The Economic Journal 118: 392-346.
7. Fernandez C, Ley E, Steel M. 2001a. Benchmark priors for Bayesian model averaging. Journal of Econometrics 100(2): 381-427.
8. Fernandez C, Ley E, Steel M. 2001b. Model uncertainty in cross-country growth regressions. Journal of Applied Econometrics 16(5): 563-576.
9. Hansen B. 2007. Least squares model averaging. Econometrica 75(4): 1175-1189.
10. Hoeting JD, Madigan D, Raftery A, Volinsky T. 1999. Bayesian model averaging: a tutorial. Statistical Science 14: 382-417.
11. Magnus JR, Powell O, Prüfer P. 2010. A comparison of two model averaging techniques with an application to growth empirics. Journal of Econometrics 154(2): 139-153.
12. Masanjala W, Papageorgiou C. 2008. Rough and lonely road to prosperity: a reexamination of the sources of growth in Africa using Bayesian model averaging. Journal of Applied Econometrics 23(5): 671-682.
13. R Development Core Team. 2010. R: A Language and Environment for Statistical Computing. R Foundation for Statistical Computing: Vienna.
14. Wang H, Zhang X, Zou G. 2009. Frequentist model averaging estimation: a review. Journal of Systems Science and Complexity 22(4): 732-748.
15. Zeugner S, Feldkircher M. 2009. Benchmark priors revisited: on adaptive shrinkage and the supermodel effect in Bayesian model averaging. IMF Working Papers.