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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 down break or with the end of the sample. Growth spells tend to … be shorter in African and Latin American countries than elsewhere. We find that growth duration is positively related to …
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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 than elsewhere. We find that growth duration is positively related to …
Persistent link: https://www.econbiz.de/10012677563
The paper examines the effect of foreign direct investment (FDI) on the structural changes in Ethiopia using an ARDL …. The study concludes that FDI is an important tool for Ethiopia to achieve its transformation agenda generally and to bring …
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transformation, followed by capital accumulation (37.92 percent) and economic growth (6.13 percent). Particularly, manufacturing and … service-sector output and employment growth, as well as urbanization, are major pathways via which FDI fosters structural … transformation in developing countries. Therefore, special consideration should be given to FDI motivated by manufacturing exports …
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