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...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Berg, Andrew (Author), Ostry, Jonathan David, 1962- (Author), Zettelmeyer, Jeromin (Author)
Corporate Author: International Monetary Fund. Research Department
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.?] : International Monetary Fund, 2008.
Series:IMF working paper ; WP/08/59.
Subjects:
Economic development > Econometric models.
Développement économique > Modèles économétriques.
Economic development > Econometric models
Accelerations.
External Shocks.
Growth.
Inflation.
Structural Breaks.
Terms of Trade.
China, People's Republic of.
Hong Kong Special Administrative Region of China.
Japan.
Singapore.
Taiwan Province of China.
Online Access:Texto completo
Table of Contents:
  • 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

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