Growth dynamics are remarkably heterogeneous, in particular when one focuses on developing countries. Economic miracles … and failures are embedded within extended phases of either growth or decline. We propose a methodology and a taxonomy that … will characterize countries' growth patterns on the basis of the sequence of regimes they experience. In particular, we …

simultaneously overlaying as well as time-varying cycles. This is useful for growth or business cycle analysis as well as for …

observed growth discontinuities. To this purpose, we develop a methodology to test the null of a generic I(1) process versus a …

This paper analyses the contribution of public investment to growth in southern Italy in the second half of the … positive effect of public investment on the growth of the Mezzogiorno in the period 1951-1995. The Bai-Perron tests suggest … that economic growth followed two distinct regimes, the first regime of accelerated growth in the years 1951-1973 (average …