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World economic growth, 1980-1999: A growth-regression approach

Enviado por Julio H.Cole


    Economía

    "The purpose of this study is to explain the statistical variation in economic growth rates in a broad cross-section of countries, over the period 1980-99. This problem will be addressed within the framework of the so-called “growth-regression” approach, which seeks to explain this variation by relating economic growth to a list of potential explanatory variables. Though this approach is essentially empirical, it is not “merely” empirical, since the resulting list of explanatory variables must be not only statistically significant, but also meaningful in terms of some theoretical framework. A large number of studies published since the early 1990’s have been based on the so-called “neo-classical theory of economic growth,” and we will follow this approach as a first approximation. These results will then be complemented by evaluating the incremental explanatory power of several additional variables not usually contemplated in the conventional neo-classical approach."

    El presente trabajo se encuentra realizado en formato PDF (Acrobat Reader).