This document is intended to show some results about the predictions over the long run economic growth of some emerging markets. Following Lucas (2009) we successfully replicate the estimation about Thailand, South Korea, Indonesia and Hong Kong, and we also use the model to predict the per...

Growth and structural transformation of the manufacturing sector in developing countries are generally considered to be the result of the expansion of the `modern' (large-scale) sector relative to the `traditional' (small-scale) sector. Examining the sources of labour productivity growth in...

The purpose of this paper is to survey the contributions to economic growth theory. We focus on the basic models and literature that link resource economic and economic growth, in order to reveal the main differences on how the different aspects are incorporated into growth models. As economic...

Three epistemologically distinct scientific approaches have dominated the relevant theoretical and empirical analysis on the determinants and dynamic processes of aggregate economic growth. These refer to (i) formal growth modeling approaches, (ii) evolutionary economics constructed on elements...

Three epistemologically distinct scientific approaches have dominated the relevant theoretical and empirical analysis on the determinants and dynamic processes of aggregate economic growth. These refer to (i) formal growth modeling approaches, (ii) evolutionary economics constructed on elements...