Econometrics or Frontiers in Development Economics

Econometrics

Author: Badi H Baltagi

This textbook teaches some of the basic econometric methods and the underlying assumptions behind them. It also includes a simple and concise treatment of more advanced topics in spatial correlation, panel data, limited dependent variables, regression diagnostics, specification testing and time series analysis. Each chapter has a set of theoretical exercises as well as an empirical illustration using a real economic application. These empirical exercises usually replicate a published article using Stata or Eviews.

The 4^th edition updates identification and estimation methods in the simultaneous equation model. It also reviews the problem of weak instrumental variables and illustrates with an example on crime using Stata. Moreover, it updates panel data methods illustrating dynamic panel data methods with Stata using dynamic demand for cigarettes in US states. Other chapters that are updated with empirical examples include the limited dependent variable chapter.

Interesting textbook: Be Prepared or Loving Your Parents When They Can No Longer Love You

Frontiers in Development Economics: The Future in Perspective

Author: Joseph E E Stiglitz

Co-edited by the Vice President of the World Bank, this volume offers cutting edge work from a new generation of dynamic thinkers in development economics.

Table of Contents:

	Foreword
	Preface
	Introduction: Ideas for Development	1
	The Old Generation of Development Economists and the New	13
	Comment	51
	Comment	58
	On the Goals of Development	61
	Comment	87
	Comment	94
	Fallacies in Development Theory and Their Implications for Policy	103
	Comment	135
	Comment	147
	Revisiting the Challenge of Development	149
	The Evolution of Thinking about Poverty: Exploring the Interactions	183
	Development Issues: Settled and Open	227
	Distributive Conflicts, Collective Action, and Institutional Economics	269
	Comment	291
	Comment	296
	Historical Perspectives on Development	301
	Comment	335
	Comment	340
	In Quest of the Political: The Political Economy of Development Policymaking	345
	Comment	381
	Comment	384
	Modern Economic Theory and Development	389
	Comment	460
	Comment	464
	Comment	478
App	Reflections	487
	A Research Agenda	489
	Needed: A Theory of Change	491
	Sparks and Grit from the Anvil of Growth	492
	What Is Development About?	506
	Candidate Issues in Development Economics	514
App	Reflections by Pioneers	515
	"Pioneers Revisited"	517
	International Trade and the Domestic Institutional Framework	520
	The Economics of a Stagnant Population	529
	The View from the Trenches: Development Processes and Policies as Seen by a Working Professional	541
	Contributors and Commentators	563
	Index	565