Our earlier work sachs and warner 1995a as well as sala i. Anthony annett 562 of fractionalization within a country is measured along two dimensions, ethnolinguistic and religious. Proof that declines monotonically if the economy starts from k. Sala i martin following the seminal work of robert barro 1991, the recent empirical literature on eco nomic growth has identified a substantial num ber of variables that are partially correlated with the rate of economic growth. Barro xavie r sala imartin the mit press cambridge, massachusetts london, england. Free old catalogs, pdf, martin, gibson etc, very good. See all articles by xavier sala i martin xavier sala i martin. For sala i martin s version of extreme bounds analysis, eba estimates results for both the normal model in which regression coef. By xavier sala i martin, columbia university and upf translated by eva guler this script has been prepared for a conference at the ommium cultural once upon a time, there was a country with a 6 million population, with an area of 40,000 square kilometres.
The favorable effects on growth include maintenance of the rule of law, free markets, small government consumption, and high human capital. I learn something new every time i pull my copy from the shelf. The country had as next door neighbours two big european. Once these kinds of variables and the initial level of real per capita gdp are held constant, the overall effect of democracy. Enhancing the application of extreme bounds analysis in stataeth zurich. The stress throughout is on linking theory to fact. Our earlier work sachs and warner 1995a as well as school university of illinois, urbana champaign. A bayesian averaging of classical estimates bace approach by xavier sala i martin, gernot doppelhofer and ronald i. Harvard university 183 kings grant road cambridge ma 0283001 weston ma 02493 telephone. Followersconverge toward the leaders because copying is cheaper than innovationover some range. Sala i martin, francesc xavier, i just ran four million regressions. Mainstream science on intelligence 15 become equal for everyone, heritability would rise to 100% because all remaining differences in iq would necessarily be genetic in origin. Chapter 1 global inequality fades as the global economy grows. Department of economics, university of california, berkeley.
Xavier sala i martin s 89 research works with 18,842 citations and 6,899 reads, including. Having struck first, bendix soon owned a majority of martin mariettas shares. Our earlier work sachs and warner 1995a as well as sala i martin 1997 and. Sala i martin 1997a,b indicates the references to the following sources imply that data were downloaded as indicated. Economic growth by robert barro and xavier sala i martin is one of the best book about economic growth theory who ive seen. Cxxi may 2006 issue 2 the world distribution of income. Robustness procedures in economic growth regression models.
Data set used in chapter 12 of the barro and sala i martin s economic growth, textbook the barrolee data set data set in i just ran two million regressions aer 1997. Barro and sala i martin explain all this and more with admirable clarity and much demanding maths in the first modern textbook devoted to growth theory. Growth and democracy subjective indexes of political freedom are analyzed for a panel of about 100 countries from 1960 to 1990. Convergence, period xavier sala i martin we estimate the world distribution of income by integrating individual. We use aggregate gdp data and withincountry income shares for the period 19701998 to assign a level of income to each person in the world. The editors 2 united nations development programme. Columbia university, graduate school of arts and sciences, department of economics. The disturbing rise of global income inequality xavier sala i martin first draft. In this paper i try to move away from the extreme bounds method of identifying robust empirical relations in the economic growth literature. Lionel mckenzies new monograph is a pleasure to read. I just ran four million regressions by xavier salai.
A tendency for copying costs to increase reducesfollowers. Technological diffusion, convergence, and growth nber. Pdf economia en colores xavier sala i martin elver. The repec blog the repec plagiarism page i just ran two million regressions. I just ran four million regressions xavier salaimartin. Free old catalogs, pdf, martin, gibson etc, very good source free old catalogs, pdf, martin, gibson etc, very good source. Economic fluctuations and growth program in this paper i try to move away from the extreme bounds method of identifying instead of analyzing the extreme bounds of the estimates of the coefficient of a particular variable distribution. Barro harvard university and national bureau of economic research xavier sala i martin yale university and national bureau of economic research a key economic issue is whether poor countries or regions tend to grow faster than rich ones. At the empirical level, barro and sala i martin 1991, and barro and sala i martin 1995 show that the sensitivity of migration to initial income is small and about 0.
The classification of countries by level of development is taken from this source. Brookings papers on economic activity, 107182, 1991. Technological diffusion, convergence, and growth robert j. I just ran four million regressions, nber working papers 6252, national bureau of economic research, inc. Human capital and economic growth federal reserve bank. Bhalla 2002, sala i martin 2002, 2004, 2006, and pinkovskiy and sala i martin 2009, 2014 use national accounts data to nd that world poverty has declined to % of the developing world population by 2000 bhalla 2002 or to less than 6% of the developing world population by 2006 pinkovskiy and sala i martin. Enhancing the application of extreme bounds analysis in. Howitt are the principal books about all the modern economic growth theory.
Sala i martin, xavier, i just ran two million regressions, american economic association papers and proceedings, may 1997, 87 2, 178183. Instead of analyzing the extreme bounds of the estimates of. Economic fluctuations and growth we construct a model that combines elements of endogenous growth with the convergence implications of the neoclassical growth model. I just ran four million regressions, economics working papers 201, department of economics and business, universitat pompeu fabra. One of three chapters on empirical work suggests how much each of several possible factors would be needed.
Social fractionalization, political instability, and the. Institutions and growth, an introductory essay, journal of. We construct a model that combines elements of endogenousgrowth with the convergence implications of the neoclassicalgrowth model. Assume n1 0 n2 0, and new discoveries occur in country 1. Barro and sala i martin provide an outstanding and comprehensive treatment of growth theory and empiricsan instant classic. Although imprecise as a measure of the strength of. Contents preface xv about the authors xvii introduction 1 1. Barro and xavier sala i martin 109 level of output per effective worker, t is the length of the observation interval, the coefficient 3 is the rate of convergence, and ui, is an error. This book together with advanced macroeconomics by david romer and endogenous growth theory by philippe aghion and peter w. Sala i martin is one of the leading economists in the field of economic growth. Sala i martin s eba considers the entire distribution of regression coef. Empirical evidence discussed by barro and sala i martin 199 1, 1992a for the u.
I just ran two million regressions aer i argues that leamers criterion is too strong. Productivity convergence and measurement across industries and countries, american. Sala i martin 1997 indicates that this problem rises due to the fact that economic growth theory is not explicit on what variables matter for growth. In the long run, the world growth rate is drivenby discoveries in the technologically leading economies. Martin marietta was christened in 1982, the day the bendix corporation began a hostile takeover attempt. Xavier sala i martin columbia university and universitat pompeu fabra january 17, 1997 abstract.