Sharp Instrument : A Stab at Identifying the Causes of Economic Growth /

We shed new light on the determinants of growth by tackling the blunt and weak instrument problems in the empirical growth literature. As an instrument for each endogenous variable, we propose average values of the same variable in neighboring countries. This method has the advantage of producing va...

Full description

Bibliographic Details
Main Author: Cherif, Reda
Other Authors: Hasanov, Fuad, Wang, Lichen
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/117
Online Access:Full text available on IMF