RT @RichardTol: The authors of the Nature paper know that you should not estimate Equation (4). Instead, they argue, you should estimate Eq…
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RT @RichardTol: The authors of the Nature paper know that you should not estimate Equation (4). Instead, they argue, you should estimate Eq…
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The authors of the Nature paper know that you should not estimate Equation (4). Instead, they argue, you should estimate Equation (8) or (9), as in Letta https://t.co/FZzCEe3F1E
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@theresphysics @rustneversleepz @MadisonECondon The Tol paper puts forth some caveats in that direction and isn't convinced for advanced economies. I think for poor economies we can regard it as validated, which to me, seems a *very* important argument. ht