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Growth accelerations
| Content Provider | Library of Congress - Books/Printed Material |
|---|---|
| Author | Rodrik, Dani Hausmann, Ricardo. |
| Temporal Coverage | 2004 |
| Copyright Year | 2004 |
| Abstract | "Unlike most cross-country growth analyses, we focus on turning points in growth performance. We look for instances of rapid acceleration in economic growth that are sustained for at least eight years and identify more than 80 such episodes since the 1950s. Growth accelerations tend to be correlated with increases in investment and trade, and with real exchange rate depreciations. Political-regime changes are statistically significant predictors of growth accelerations. External shocks tend to produce growth accelerations that eventually fizzle out, while economic reform is a statistically significant predictor of growth accelerations that are sustained. However, growth accelerations tend to be highly upredictable: the vast majority of growth accelerations are unrelated to standard determinants and most instances of economic reform do not produce growth accelerations"--National Bureau of Economic Research web site. |
| Language | English |
| Publisher | National Bureau of Economic Research |
| Publisher Place | Cambridge, MA |
| Part of Series | Catalog |
| Requires | HTML5 supported browser |
| Access Restriction | Open |
| Subject Keyword | Case Studies Economic Development Economic Indicators |
| Subject Domain (in LCSH) | Economic indicators--Case studies |
| Subject Domain (in LCSH) | Economic development--Case studies |
| Subject Domain (in LCC) | HB1 |
| Content Type | Text |
| Resource Type | Book |
