We Ran One Regression.
|Abstract||The recent controversy over model selection in the context of 'growth regressions' has led to some remarkably numerous 'estimation' strategies, including 4 million regressions by Sala-i-Martin (1997b). Only one regression is really needed, namely the general unrestricted model, appropriately reduced to a parsimonious encompassing congruent representation. Such an outcome was achieved in one run on PcGets, within 15 minutes of receiving from Profe ... [truncated at 450 characters in length]|
|Creator||David F Hendry; Hans Martin Krolzig;|