Search found 2 matches
- Wed Sep 27, 2017 3:11 pm
- Forum: Econometric Discussions
- Topic: Multiple Breakpoint Test (Bai Perron) for a replication of a paper
- Replies: 1
- Views: 3756
Re: Multiple Breakpoint Test (Bai Perron) for a replication of a paper
The equation in the image is: gt = aR + et where gt is the annual growth rate in purchasing-power-parity per-capita income, aR is the mean growth rate during regime R, and et is an error term drawn from a common distribution across regimes. As before, the data is taken from the Penn World Tables v6.1.
- Wed Sep 27, 2017 11:34 am
- Forum: Econometric Discussions
- Topic: Multiple Breakpoint Test (Bai Perron) for a replication of a paper
- Replies: 1
- Views: 3756
Multiple Breakpoint Test (Bai Perron) for a replication of a paper
Hi, I am attempting to replicate a paper by Jones and Olken (ungated link here https://economics.mit.edu/files/2911) The paper identifies the structural breaks in countries growth rates and then looks at the factors associated with them. The structural breaks are identified from this equation: equat...