What makes growth sustained? /
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 countrie...
Clasificación: | Libro Electrónico |
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Autores principales: | , , |
Autor Corporativo: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
[Washington, D.C.?] :
International Monetary Fund,
2008.
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Colección: | IMF working paper ;
WP/08/59. |
Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- I. Introduction; II. Structural Breaks and "Growth Spells"; A. Identifying Structural Breaks in Economic Growth; Tables; 1. Growth Breaks by Decade and Region; Figure; Frequency of Upbreaks and Downbreaks, by Region; B. From Structural Breaks to Growth Spells; 2. Frequency and Duration of Growth Spells; III. Analyzing the Duration of Growth Spells; 3. Average Growth Before, During and After Growth Spells; A. Empirical Strategy; B. Regression Methodology; C. Results; 4. Duration Regressions: External Shocks; 5. Duration Regressions: Institutions
- 6. Duration Regressions: Inequality and Franctionalization7. Duration Regressions: Social and Physical Indicators; 8. Duration Regressions: Globalization; 9. Duration Regressions: Current Account, Competitiveness, and Export Structure; 10. Duration Regressions: Macroeconomic Volatility; 11. Summary Regressions; IV. Conclusion; References