We apply the general theory of approximation orders of shift-invariant
spaces of [C. de Boor, R. A. DeVore, and A. Ron, Trans Amer. Math. Se
c., 341 (1994), pp. 787-806], [C. de Boor, R. A. DeVore, and A. Ron, J
. Funct. Anal., 119 (1994), pp. 37-78], and [C. de Boor, R. A. DeVore,
and A. Ron, ''Approximation orders of FSI spaces,'' Constr. Approx.,
13 (1997), to appear] to the special case when the finitely many gener
ators Phi subset of L-2(R-d) of the underlying space S satisfy an N-sc
ale relation (i.e., they form a ''father-wavelet'' set). We show that
the approximation orders provided by such finitely generated shift-inv
ariant spaces are bounded from below by the smoothness class of each p
si is an element of S (in particular, each phi is an element of Phi),
as well as by the decay rate of it; Fourier transform. In fact, simila
r results are valid for refinable shift-invariant spaces that are not
finitely generated. Specifically, it is shown that under some mild tec
hnical conditions on the scaling functions Phi, approximation order k
is provided if either some psi, is an element of S lies in the Sobolev
space W-2(k-1) or its Fourier transform <(psi)over cap>(w) decays nea
r infinity like o(\w\(1-k)). No technical side conditions are required
if the spatial dimension is d = i, and the functions in Phi are compa
ctly supported. For the special case of a singleton Phi, our first cla
ss of results (which are concerned with the condition phi is an elemen
t of W-2(k-1)) improve previously known results of Meyer and Cavaretta
, Dahmen, and Micchelli.