Levine and Renelt run repeated regressions to examine the effect on economic growth of a large number of potential explanatory variables, and they find:
A) that there are many variables that robustly explain economic growth.
B) a strong relationship between international trade and investment.
C) a strong relationship between climate and economic growth.
D) absolutely no relationship between any of the explanatory variables and economic growth.
Correct Answer:
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Q11: Which of the following is not a
Q12: The average coefficient estimates for qualitative studies
Q13: In distinguishing exactly how trade impacts growth,
Q14: Augmenting the regression equation derived from the
Q15: Statistical analysis:
A) can determine the direction of
Q17: In using Leamer's sensitivity analysis, Levine and
Q18: One of the most robust explanatory variables
Q19: In a statistical study where he tests
Q20: Sala-i-Martin's famous (1997) robust study entitled I
Q21: Hall and Jones estimates of the levels
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