Galton's Fallacy and economic convergence

被引：42

作者：

Bliss, C ^{[1
]}

机构：

[1] Univ Oxford Nuffield Coll, Oxford OX1 1NF, England

来源：

OXFORD ECONOMIC PAPERS-NEW SERIES | 1999年 / 51卷 / 01期

关键词：

D O I：

10.1093/oep/51.1.4

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The term Galton's Fallacy has more than one meaning. Usages of the term starting with Galton are reviewed. Recently the term has been used to denote problems encountered when the neoclassical convergence model is tested in a cross-section of country GNP histories (Barro-Baumol regressions). Friedman and Quah independently identify problems which they separately call Galton's Fallacy. Friedman and Quah mean different things by the term. Once the nature of various Galton fallacies have been clarified, it is possible to elucidate some issues of econometric estimation which may be encountered in economic convergence regression estimation.

引用

页码：4 / 14

页数：11

共 15 条

[1] THE LIMITING DISTRIBUTION OF THE T RATIO UNDER A UNIT-ROOT [J].