01927cas a2200253 a 4500 AALejournalIMF006162 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451874136 1018-5941 BD-DhAAL BD-DhAAL Tsangarides, Charalambos. Growth Determinants Revisited / Charalambos Tsangarides, Alin Mirestean. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (33 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper revisits the cross-country growth empirics debate using a novel Limited Information Bayesian Model Averaging framework to address model uncertainty in the context of a dynamic growth model in panel data with endogenous regressors. Our empirical findings suggest that once model uncertainty is accounted for there is strong evidence that initial income, investment, life expectancy, and population growth are robustly correlated with economic growth. We also find evidence that debt, openness, and inflation are robust growth determinants. Overall, the set of our robust growth determinants differs from those identified by other studies that incorporate model uncertainty, but ignore dynamics and/or endogeneity. This underscores the importance of accounting for model uncertainty and endogeneity in the investigation of growth determinants. Mode of access: Internet Mirestean, Alin. IMF Working Papers; Working Paper ; No. 2009/268 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/268/001.2009.issue-268-en.xml IMF e-Library