Archives


REED: EiR* – How to Measure the Importance of Variables in Regression Equations

[* EiR = Econometrics in Replications, a feature of TRN that highlights useful econometrics procedures for re-analysing existing research. The material for this blog is drawn from a recent working paper, “On the measurement of importance” by Olivier Sterck.] NOTE:…

Read More

EBERHARDT: Revisiting the Causal Effect of Democracy on Long-run Development

[This Guest Blog is a repost of a blog by Markus Eberhardt, published at Vox – CEPR Policy Portal] Recent evidence suggests that a country switching to democracy achieves about 20% higher per capita GDP over subsequent decades. This column…

Read More

How to Measure the Importance of a Variable in a Regression Equation

[From the working paper “On the economic importance of the determinants of long-term growth” by Olivier Sterck, posted at the Centre for the Study of African Economies working papers website] “The long-run growth literature abounds with statements about the“economic significance”…

Read More