Bloom, David E.; Canning, David; Hu, Linlin; Liu, Yuanli; … - In: Journal of Comparative Economics 38 (2010) 1, pp. 17-33
We find that a cross-country model of economic growth successfully tracks the growth takeoffs in China and India. The major drivers of the predicted takeoffs are improved health, increased openness to trade, and a rising labor force-to-population ratio due to fertility decline. We also explore...