Rejoinder to Herzer, Nowak-Lehmann, Dreher, Klasen, and Martinez-Zarzoso (2014)
Bibliographic Data
| ID | 11912080 |
|---|---|
| Authors | Matthijs Lof (0000-0002-1324-5942, Aalto University, corresponding author), Tseday Jemaneh Mekasha (0000-0001-5329-0898, University of Copenhagen), Finn Tarp (0000-0002-6247-4370, University of Copenhagen) |
| Year | 2014 |
| Volume | 70 |
| Pages | 397-399 |
| Publication date | 2014-09-11 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | World Development (JOURNAL) |
| Journal identifiers | ISSN: 0305-750X • E-ISSN: 1873-5991 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.worlddev.2014.08.008 |
| OpenAlex | W2042439970 |
| Language | EN |
| References cited | 6 |
The Herzer et al. (2014) comment on our article (Lof et al., 2014) addresses two issues. First, they propose various ways to circumvent our concerns regarding data handling in a paper by Nowak-Lehmann et al. (2012). We point out that under these new approaches the link between the empirical model and theoretical specification no longer holds. Moreover, the issue of reverse causality is not tackled by Herzer et al. (2014). Second, Herzer et al. (2014) criticize our empirical strategy and Panel VAR results. We show their remarks are based on misunderstandings and were, for the most part, already addressed in Lof et al. (2014)
Causality (physics · Economics · Epistemology · Mathematical economics · Physics · Positive economics · Computer Science · Energy, Environment, Economic Growth · Fiscal Policy and Economic Growth · Philosophy · Taxation and Compliance Studies
| Highly cited | No |
|---|