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The "V-Factor": distribution, timing and correlates of the great Indian growth turnaround
Ghate, Chetan; Wright, Stephen - 2009
Following Bai (2004) and Bai and Ng (2004) we estimate a common factor representation of a panel of output series for India, disaggregated by 15 states and 14 broad industry groups. We find that a single common V-Factor accounts for a large part of the significant shift in the cross-sectional...
Persistent link: https://www.econbiz.de/10010274009
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The V-factor: distribution, timing and correlates of the great Indian growth turnaround
Ghate, Chetan; Wright, Stephen - 2008
The ratio of Indian to US per capita output over the past 45 years has displayed a distinctive V-shaped pattern. We show that a strikingly similar V-shaped pattern is visible not just in aggregate output .figures, but also as the primary determinant of long-term movements in the cross-sectional...
Persistent link: https://www.econbiz.de/10010265006
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Why was the participation of Indian states in the growth turnaround so patchy? Some evidence based on robustness analysis
Ghate, Chetan; Wright, Stephen - 2012
In Ghate & Wright Journal of Development Economics, vol. 99 (2012) pp 58-67, we noted that there was considerable variation in the extent to which different Indian states participated in the Great Indian Growth Turnaround. In this paper we investigate whether there was any systematic...
Persistent link: https://www.econbiz.de/10011807667
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Knowledge and growth in the very long run
Strulik, Holger - 2012
Great Divergence, the failure of less developed countries to attract capital from abroad, and a productivity slowdown in …
Persistent link: https://www.econbiz.de/10010311672
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Knowledge and growth in the very long run
Strulik, Holger - 2010
Great Divergence, the failure of less developed countries to attract capital from abroad, and a productivity slowdown in …
Persistent link: https://www.econbiz.de/10010289011
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The People's Republic of China in the middle-income trap?
Glawe, Linda; Wagner, Helmut - 2017
Over the last decade, a growing body of literature dealing with the phenomenon of the "middle-income trap" (MIT) has emerged. The term MIT usually refers to countries that have experienced rapid growth and thus reached the status of a middle-income country (MIC) in a very short period of time,...
Persistent link: https://www.econbiz.de/10011852979
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China in the middle-income trap?
Glawe, Linda; Wagner, Helmut - 2017
Over the last decade, a growing body of literature dealing with the phenom-enon of the "middle-income trap" (MIT) has emerged. The term MIT usually refers to countries that have experienced rapid growth and thus reached the status of a middle-income country (MIC) in a very short period of time,...
Persistent link: https://www.econbiz.de/10012196393
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Divergence, convergence, and the history-augmented Solow model
Kufenko, Vadim; Prettner, Klaus; Geloso, Vincent - 2017
We test the history-augmented Solow model with respect to its predictions on the patterns of divergence and convergence …
Persistent link: https://www.econbiz.de/10011672943
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Real Convergence and Integration
Iancu, Aurel - 2009
The study is based on the critical observations that competitive market forces alone are not able to assure convergence … member countries. Our paper deals with the evolution of the EU cohesion funds, as well as with the results of convergence …. * Study within the CEEX Programme Project No. 220/2006 Economic Convergence and Role of Knowledge in Relation to the EU …
Persistent link: https://www.econbiz.de/10010527400
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Does size matter? Implications of household size for economic growth and convergence
Kufenko, Vadim; Geloso, Vincent; Prettner, Klaus - 2018
divergence between different countries before 1950 is faster and the speed of convergence after 1950 is slower after adjusting …-country convergence. When the observed changes in average household size across countries are taken into consideration, growth in living …
Persistent link: https://www.econbiz.de/10011815445