Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/48919 
Year of Publication: 
2001
Series/Report no.: 
Wirtschaftswissenschaftliche Diskussionspapiere No. 08/2001
Publisher: 
Universität Greifswald, Rechts- und Staatswissenschaftliche Fakultät, Greifswald
Abstract: 
This paper offers a concise survey on the literature of growth empirics applying to DCs. It is argued that there is a number of important stylised facts of economic growth relevant to DCs which are not included in the corresponding lists of Kaldor and Romer. In contrary to the usual procedure, the growth rates of per capita income are calculated by employing potential output, which is determined by the use of the Hodrick-Prescott-filter. Finally, three important conclusions resulting from the empirical observations are discussed in the last section.
Subjects: 
Stylised Facts
Economic Growth
Developing Countries
Growth Empirics
JEL: 
O10
O40
O47
Document Type: 
Working Paper

Files in This Item:
File
Size
205.68 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.