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. Based on macro data over 17 years, using the Bayesian non-linear regression method through the Metropolis-Hastings algorithm … and Gibbs sampling, the author specified individual Constant elasticity of substitution (CES) functions for the researched … research revealed that out of the 15 studied NEST economies, the nine that have probably generated endogenous growth have …
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We argue against the use of composite indices, such as the Human Development Index (HDI), in economic history. We show … where both data and history play a minor role, if any. …
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