An Analysis of Sample Selection Bias in Cross-Country Growth Regressions

Ray, Jayant and Rivera-Batiz, Francisco L. (2002): An Analysis of Sample Selection Bias in Cross-Country Growth Regressions. Published in:

Abstract

Sample sizes in cross-country growth regressions vary greatly, depending on data availability. But if the selected samples are not representative of the underlying population of nations in the world, ordinary least squares coefficients (OLS) may be biased. This paper re-examines the determinants of economic growth in cross-sectional samples of countries utilizing econometric techniques that take into account the selective nature of the samples.

• Item Type: MPRA Paper
• Language: English
• Keywords: economic growth, sample selection bias, development economics
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence

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