Rough and lonely road to prosperity: a reexamination of the sources of growth in Africa using Bayesian model averaging

By Winford H. Masanjala, C. Papageorgiou. 2008

256 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Information Systems

View Paper: https://www.semanticscholar.org/paper/4e6052d0cb8d52eb92faed1f7be474863269da07

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Mark F. J. Steel
2. Tomáš Havránek
3. J. R. Magnus
4. Marek Rusňák
5. Enrique Moral-Benito
6. Shekhar Aiyar
7. Owen Powell
8. Patricia Prufer

In Information Systems

1. Owen Powell
2. Patricia Prufer
3. Enrique Moral-Benito
4. Mark F. J. Steel
5. J. R. Magnus
6. Tomáš Havránek
7. Marek Rusňák

Citations in the corpus

• Does Education Matter for Economic Growth? (2014, unknown): “[46] Masanjala, W.”
• Bayesian Model Averaging and Weighted-Average Least Squares: Equivariance, Stability, and Numerical Issues (2011, unknown): “As a rough guideline, Raftery (1995) and Masanjala and Papageorgiou (2008) suggest that a posterior inclusion probability of 0 .”
• Benchmark Priors Revisited: On Adaptive Shrinkage and the Supermodel Effect in Bayesian Model Averaging (2009, unknown): “For the simulation study, we devise 21See for example Fernández et al. (2001b), Masanjala and Papageorgiou (2008) and Koop and Potter (2003) among others.”
• Determinants of Economic Growth: A Bayesian Panel Data Approach (2009, background): “S logBij logBij ! 0 ( 24 ) Minus twice the Schwarz criterion is often called the Bayesian information criterion (BIC):”
• Model Averaging and Its Use in Economics (2017, methodology): “if required. The Occam’s window and the leaps and bounds algorithms are among the methods implemented in the BMA R package of Raftery et al. (2010) and the leaps and bounds algorithm was used in e.g. Masanjala and Papageorgiou (2008) and Eicher et al. (2011). However, this tricky issue of exploring ”
• Growth slowdowns and the middle-income trap (2013, methodology): “ The “traditional” BMA first applied in growth econometrics by Fernandez, Ley, and Steel (2001) and recently used in Masanjala and Papageorgiou (2008).”
• A comparison of two model averaging techniques with an application to growth empirics (2010, methodology): “One alternative would have been gi := 1/n, the so-called ‘unit information prior’ (Raftery, 1995), recently advocated by Eicher et al. (2007b) and Masanjala and Papageorgiou (2008).”
• The trade-growth nexus in the developing countries: a quantile regression approach (2010, background): “…(henceforth, FLS), Brock and Durlauf (2001), Brock et al. (2003), Sala-íMartin, Doppelhofer, and Miller (2004) (henceforth, SDM), Tsangarides (2005), Masanjala and Papageorgiou (2008), and Mirestean and Tsangarides (2009) have used BMA techniques to investigate cross-country growth determinants.”
• Robust FDI determinants: Bayesian Model Averaging in the presence of selection bias (2012, unknown): “Masanjala and Papageorgiou (2008) highlight, for example, the differences in growth determinants for Africa, and Eicher et al. (2007) document differences in growth determinants for OECD countries, even after accounting for model uncertainty.”
• Transmission Lags of Monetary Policy: A Meta-Analysis (2012, methodology): “According to Masanjala & Papageorgiou (2008), variables with the ratio of the posterior mean to the posterior standard deviation larger than 1.3 can be considered effective (or “statistically significant” in the frequentist case).”