03440nam 2200649 450 991046425130332120170821160658.01-4623-7798-X1-4527-8640-21-4518-7121-X97866128421461-282-84214-5(CKB)3170000000055160(EBL)1608096(SSID)ssj0001488723(PQKBManifestationID)11842762(PQKBTitleCode)TC0001488723(PQKBWorkID)11445320(PQKB)11175823(OCoLC)465449025(MiAaPQ)EBC1608096(EXLCZ)99317000000005516020140227h20082008 uy 0engur|n|---|||||txtccrWhat is really good for long-term growth? lessons from a binary classification tree (BCT) approach. /Rupa Duttagupta and Montfort Mlachila ; authorized for distribution by Martín Cerisola[Washington, District of Columbia] :International Monetary Fund,2008.©20081 online resource (29 p.)IMF Working PapersIMF working paper ;WP/08/263Description based upon print version of record.1-4519-1574-8 Includes bibliographical references.Contents; I. Introduction; II. A Few Notes on the Growth Literature; Tables; 1. Most Significant Variables in Selected Growth Studies; III. The Binary Classification Tree (BCT) Approach; IV. Properties of the Data; 2. Definition of Variables; V. The Results; A. Baseline Model: What is Good for Strong Growth?; Figures; 1. Distribution of Growth; 3. Growth Rate for Top Quartile; 4. What is Really Good for Growth: Ranking of Indicators; 2. Baseline Model; 5. Median Values of Key Indicators in Baseline Model; B. Alternative Specifications and Robustness Checks3. Out of Sample Forecast (I)-Advanced Economies4. Out of Sample Forecast (II)-Highly Indebted Poor Countries; 6. The Do's and Don'ts of Growth; VI. Concluding Remarks; Appendix; I. Description of the Database; ReferencesAlthough the economic growth literature has come a long way since the Solow-Swan model of the fifties, there is still considerable debate on the ""real' or ""deep"" determinants of growth. This paper revisits the question of what is really important for strong long-term growth by using a Binary Classification Tree approach, a nonparametric statistical technique that is not commonly used in the growth literature. A key strength of the method is that it recognizes that a combination of conditions can be instrumental in leading to a particular outcome, in this case strong growth. The paper finds IMF Working PapersEconomic developmentCross-cultural studiesEconomic developmentRegional disparitiesElectronic books.Economic developmentEconomic developmentRegional disparities.338.9Duttagupta Rupa871536Mlachila Montfort894673Cerisola Martin871539MiAaPQMiAaPQMiAaPQBOOK9910464251303321What is really good for long-term growth2224307UNINA