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2 - Some Technical Points

from Part I - Main Ideas

Published online by Cambridge University Press:  07 August 2021

Martin Paldam
Martin Paldam
Affiliation:
Aarhus Universitet, Denmark
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Summary

A transition curve should have six properties. If all are present, the transition curve is termed beautiful. A beautiful transition curve becomes hump-shaped in first differences. A factor analysis of the main variables shows that they have one and only one joint factor, which is the Grand Transition. It is difficult to study by regression analysis, but it is possible to do so by using univariate kernel techniques using unified data samples ordered by income. This order scrambles other dimensions of the sample. Changes are caused by triggering events. Transition curves are attractors for changes in the explained variables. Four ways to establish the main causal direction are introduced; they include the DP-TSIV-test using the development potential as instruments. The objection that transition curves are statistical artifacts is rejected.

Keywords

Property of transition curvesFactor analysisUnified samplesKernel regressionsMain causal directionCausality testing
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The Grand Pattern of Development and the Transition of Institutions , pp. 25 - 42
Publisher: Cambridge University Press
Print publication year: 2021

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  • Some Technical Points
  • Martin Paldam, Aarhus Universitet, Denmark
  • Book: The Grand Pattern of Development and the Transition of Institutions
  • Online publication: 07 August 2021
  • Chapter DOI: https://doi.org/10.1017/9781009025898.004
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  • Some Technical Points
  • Martin Paldam, Aarhus Universitet, Denmark
  • Book: The Grand Pattern of Development and the Transition of Institutions
  • Online publication: 07 August 2021
  • Chapter DOI: https://doi.org/10.1017/9781009025898.004
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Some Technical Points
  • Martin Paldam, Aarhus Universitet, Denmark
  • Book: The Grand Pattern of Development and the Transition of Institutions
  • Online publication: 07 August 2021
  • Chapter DOI: https://doi.org/10.1017/9781009025898.004
Available formats
×