What makes growth sustained? /

What makes growth sustained? /

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Bibliographic Details
Author / Creator:Berg, Andrew, author.
Imprint:[Washington, D.C.?] : International Monetary Fund, 2008.
Description:1 online resource (33 pages) : illustrations
Language:English
Series:IMF working paper ; WP/08/59
IMF working paper ; WP/08/59.
Subject:
Economic development -- Econometric models.
Economic development -- Econometric models.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12495567
Hidden Bibliographic Details
Other authors / contributors:Ostry, Jonathan David, 1962- author.
Zettelmeyer, Jeromin, author.
International Monetary Fund. Research Department.
ISBN:1462390110
9781462390113
1452734968
9781452734965
1282840401
9781282840409
1451869215
9781451869217
9786612840401
6612840404
Digital file characteristics:text file
Notes:"March 2008."
At head of title: Research Department.
Includes bibliographical references (pages 30-33).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
Summary: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 countries than elsewhere. We find that growth duration is positively related to: the degree of equality of the income distribution; democratic institutions; export orientation (with higher propensities to export manufactures, greater openness to FDI, and avoidance of exchange rate overvaluation favorable for duration); and macroeconomic stability (with even moderate instability curtailing growth duration).
Other form:Print version: Berg, Andrew. What makes growth sustained?. [Washington, D.C.?] : International Monetary Fund, 2008
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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