fbpx Why We Learn Nothing from Regressing Economic Growth on Policies | Harvard Kennedy School

HKS Affiliated Authors

Ford Foundation Professor of International Political Economy

Excerpt

Why We Learn Nothing from Regressing Economic Growth on Policies. Dani Rodrik, Paper, January 2012. "Government use policy to achieve certain outcomes. Sometimes the desired ends are worthwhile, and sometimes they are pernicious. Cross-country regressions have been the tool of choice in assessing the effectiveness of policies and the empirical relevance of these two diametrically opposite views of government behavior. When government policy responds systematically to economic or political objectives, the standard growth regression in which economic growth (or any other performance indicator) is regressed..." Link