The Sources of Growth at Different Stages of Development.

Cross-country growth regressions have become an increasingly common tool in empirical development research. But these regressions typically do not attempt to distinguish among countries in different stages of development. Three empirical methods are used to test for such differences. Several of the...

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Publicado en:Contemporary Economic Policy Vol. 24; no. 4; pp. 536 - 548
Autor principal: Osborne, Evan
Formato: Artículo
Publicado: Wiley-Blackwell October 2006
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Acceso en línea:Ver este registro en EBSCOhost
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        au: Osborne, Evan
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        Gross state product
        Mathematical models
        Mathematical models of income distribution
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          Gross state product
          Mathematical models
          Mathematical models of income distribution
      ab: Cross-country growth regressions have become an increasingly common tool in empirical development research. But these regressions typically do not attempt to distinguish among countries in different stages of development. Three empirical methods are used to test for such differences. Several of the factors known to affect economic growth are shown to operate differently for countries in different portions of the global income distribution. The results have implications for the role of financial markets, openness and factor accumulation in promoting growth. (JEL 0150, 0160, 0400) Reprinted by permission of the publisher.
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