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Generally speaking if someone refuses to release their model the results alone will be useless.  
 
Without getting into endogenous and exogenous growth theory, when I say "pretty much all econometric techniques can be used":
 
http://dash.harvard.edu/bitstream/handle/1/3451296/Barro_GovernmentSpending.pdf
 
A quick scan of this paper... famous economist, well cited paper... regressions were used with experimental data (footnote 8).  It seems pretty obvious the types of variables which are likely used without reading the paper. 
 
Ally
 
 
 


Date: Mon, 14 May 2012 09:20:18 +0100
From: [log in to unmask]
Subject: Re: austerity and growth
To: [log in to unmask]


 
 
From: [log in to unmask] href="mailto:[log in to unmask]">Alastair Greig
Sent: Saturday, May 12, 2012 8:42 PM
To: [log in to unmask] href="mailto:[log in to unmask]">[log in to unmask]
Subject: Re: austerity and growth
 
Tony,

You seem to be asking if econometrics has ever attempted to examine whether government expenditure has an effect on growth.  Pretty much all econometric models are designed to do that!!!! 

If I recall correctly, I am sure you will be shocked to discover the emprical literature was mixed (depends on method, variables, time period, etc) and leaves enough scope for Keynesians and Neoliberals to through muck at each other.

Alastair
 
Dear Alastair

I was puzzled, some years ago, when a university department (I shan’t divulge which) asked me to advise a postgraduate economics student. I had not previously ventured beyond maths, stats, medicine and the sciences.

I read, re-read and re-read again all his tuff. Stuff it was. It was stuffed with sesquipedalian prolixity.

No algebra in sight, yet he talked grandly about his model.

The university awarded him a PhD.

Since then, I have steered away from economics, perhaps wrongly and misjudgedly.

Political economists write articles in newspapers about national growth.  To me, growth implies the use of differential equations. 

So when you say that “Pretty much all econometric models are designed to do that!” I must ask where can I see the latest models?

Also:  on what data and analysis are they evidenced?

Cheers
 
Tony


Date: Sat, 12 May 2012 19:36:01 +0100
From: [log in to unmask]
Subject: austerity and growth
To: [log in to unmask]

politicians keep beefing that austerity and growth cannot co-exist.
 
are there any econometric models of each of these so that we might examine any points of concurrence?
 
 
 
Tony Greenfield
Middle Cottage
Little Hucklow
Derbyshire SK17 8RT
01298 872326

[log in to unmask]
http://en.wikipedia.org/wiki/Tony_Greenfield
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