This paper offers two innovations for empirical growth research. First, the paper discusses principal components augmented regressions to take into account all available information in well-behaved regressions. Second, the paper proposes a frequentist model averaging framework as an alternative...

Regression analyses of cross-country economic growth data are complicated by two main forms of model uncertainty: the uncertainty in selecting explanatory variables and the uncertainty in specifying the functional form of the regression function. Most discussions in the literature address these...

Terry L. Roe • Rodney B.W. Smith D. §irin Saracoglu Multisector Growth Models Theory and Application 4y Springer Contents Preface xi Acknowledgement ~~ xiii 1 Introduction: Orientation and...