Comparing Classical and Bayesian Panel Kink Regression Frameworks in Estimating the Impact of Economic Freedom on Economic Growth

This study aims to accomplish three main tasks. Firstly, it seeks to determine the more appropriate choice between classical and Bayesian methods in estimating a pooled panel kink regression model under the condition of a known but bounded policy variable choice that serves as a kink point. Secondly...

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Bibliographic Details
Main Authors: Emmanuel Mensaklo, Chukiat Chaiboonsri, Kanchana Chokethaworn, Songsak Sriboonchitta
Format: Article
Language:English
Published: MDPI AG 2023-10-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/11/10/253