Modeling growth (and liberalization) using smooth transitions analysis.
Economic liberalization has been a pervasive phenomenon over the last twenty years. Programs have been initiated on the assumption that liberalization promotes economic growth, but the empirical evidence for this is limited. This paper takes a novel approach to modeling growth and structural chang...
| Publicado en: | Economic Inquiry Vol. 35; pp. 798 - 815 |
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| Autores principales: | , , |
| Formato: | Artículo |
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Wiley-Blackwell
October 1997
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=510854123&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 510854123 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: N pubinfo: dt: October 1997 vid: 35 pid: 480 pub: Wiley-Blackwell artinfo: ui: 510854123 10.1111/j.1465-7295.1997.tb01965.x ppf: 798 ppct: 17 formats: fmt: @attributes: type: T tig: atl: Modeling growth (and liberalization) using smooth transitions analysis. aug: au: Greenaway, David Leybourne, Stephen J. Sapsford, David su: Mathematical models of economic development Time series analysis Developing countries History Commercial policy sug: subj: Mathematical models of economic development Time series analysis Developing countries History Commercial policy ab: Economic liberalization has been a pervasive phenomenon over the last twenty years. Programs have been initiated on the assumption that liberalization promotes economic growth, but the empirical evidence for this is limited. This paper takes a novel approach to modeling growth and structural change as smooth transitions. This allows us to model deterministic change without imposing discrete changes. We use smooth transition analysis to reappraise the time-series properties of long-run growth rates in a number of developing countries which have undertaken liberalization. Our results challenge conventional wisdom on both methodological and empirical grounds. Reprinted by permission of Western Economic International, 7400 Center Ave., Ste. 109, Huntington Beach, CA 92647-3039 USA, Ph. 1-714-898-3222, Fax 1-714-891-6715, E-mail [|Wu]info@weainternational.org[|WU] [|Wu]http://www.weainternational.org[|WU] pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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