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Showing 1 to 2 of 2 for “"Statistical Specification"”.
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A study on endogenous growth models and trade
… human capital will grow faster. We also test our statistical model against the assumptions of normality, linearity, homoskedasticity, and homogeneity. We demonstrate that our statistical specification does not violate any of these assumptions. Thus, we can call our model a well-specified …
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A Statistical Approach to Empirical Macroeconomic Modeling with Practical Applications
… tested. This study addresses the applications of statistical testing methods and model respecification within the context of applied macroeconomics. The first application is a statistical comparison of Gregory Mankiw, David Romer and David Weil’s A Contribution to the Empirics of Economic Growth, …