00000caa a22000003i 4500 UP-1685594773862408646 Buklod 20210406161731.0 m | | ta 210406s2007 xx r |||| u|eng d 1655-1516 (iLib)UPBAG-00039679804 BAG rda eng ARTICLE-2976 Mapa, Dennis S. author. Robustness procedures in economic growth regression models Dennis S. Mapa and Kristine Joy S. Briones. 2007. pages [71]-84 25 cm text rdacontent unmediated rdamedia volume rdacarrier Title was 'Philippine Review of Business and Economics' until 1979. Title changed to 'Philippine Review of Economics and Business' from 1980-2000, and again changed to 'Philippine Review of Economics' since 2001. Includes bibliographical references (page 84). A central question for empirical economics, particularly economic growth, is which explanatory variables to include and exclude in the regressions. This paper aims to identify variables strongly correlated with provincial income growth in the Philippines by applying robustness procedures in determining which variables are strongly correlated with income growth. The extreme bound analysis and the Bayesian averaging of classical estimates were applied to 15 determinants of income growth from a data set consisting of 74 Philippine provinces for the period 1985-2003 to test which among the explanatory variables are strongly correlated to growth. The tests show that among the 15 variables, five variables stand out as being robust. The log of initial income, the Autonomous Region in Muslim Mindanao (ARMM) indicator, the expenditure Gini and its square, and the proportion of young dependents are all considered as strongly correlated to growth. Economic development Philippines. Income Philippines. Briones, Kristine Joy S. author. The Philippine Review of Economics Vol. XLIV, No. 2 (December 2007), p. [71]-84. Request full-text access via UPB University Library through https://forms.gle/KZjBv7aRtY6jiL5E9 (viewed 06 April 2021) UPBAG UPBAG-MAIN ARTICLE-2976 Analytics