Showing 1 - 5 of 5
The author has recently, defining a catch-up index, growth as catching-up, and deriving an equation for years for absolute convergence, shown Sub-Saharan Africa has fallen behind sharply and, even considering India's population-weight, South Asia has barely shown any growth since 1951 (growing...
Persistent link: https://www.econbiz.de/10012902360
The existing empirical literature has either not sufficiently examined growth dynamics or relied on events-studies of turning points that fail to explain growth (or do it adequately). We study growth relative to a frontier country, take explanatory variables also as ratios, and examine...
Persistent link: https://www.econbiz.de/10012897600
South Asian (SA) countries' growth-dynamics since 1951 is examined and compared using the annual catch-up index. Their growth is more volatile than 89 countries' sample studied earlier. It does not experience a stable phase, is sharply divergent, and the country that grows fastest for two...
Persistent link: https://www.econbiz.de/10012897601
European ex-socialist countries' experience is exploited for two difference-in-differences analysis: effects of a) transition to a market economy, and b) accession to the European Union (EU) on oncome. Many countries adopting regime change simultaneously; and ten of them joining the EU mostly in...
Persistent link: https://www.econbiz.de/10012897602
Short AbstractUsing the new PWT, that for the first time permit income comparisons overtime too, and defining growth for followers as catching-up, the developing world (excluding China and one or two countries) consisting of 99/100 countries with 3.9/4.0b. population has not shown any growth...
Persistent link: https://www.econbiz.de/10012991756