Berg, Andrew; Ostry, Jonathan D.; Zettelmeyer, Jeromin - European Bank for Reconstruction and Development (EBRD) - 2011
We identify structural breaks in economic growth in 140 countries and use these to define “growth spells”: periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin American countries...