Basturk, Nalan; Paap, Richard; Dijk, Dick van - Tinbergen Institute - 2008
This paper addresses heterogeneity in determinants of economic growth in a data-driven way. Instead of defining groups … of countries with different growth characteristics a priori, based on, for example, geographical location, we use a … growth determinants. Applying this approach to an annual unbalanced panel of 59 countries in Asia, Latin and Middle America …