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- industry, services and agriculture - we consider inflation and the value-added growth in a sample of 113 developing (low and … sectors negatively; whereas a growth enhancing relationship has been found for the agriculture sector. We further calculated a … aggregate GDP, industrial, services and agriculture sectors respectively. This implies that the central banks of developing …
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Despite sustained economic growth and rapid poverty reductions, income inequality remains stubbornly high in many low-income developing countries. This pattern is a concern as high levels of inequality can impair the sustainability of growth and macroeconomic stability, thereby also limiting...
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Using dynamic panel models with data for 62 developing countries, this paper examines whether growth in agriculture … growth in agriculture. I identify large short-run effects: An increase in growth in agriculture by one percentage point is … imply sizable long-run effects of permanent increases in growth in agriculture. Extensions of the empirical model suggest …
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