What Makes Growth Sustained?

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 countries than elsewhere. We find that growth duration is... READ MORE...

Publication date: March 2008
ISBN 9781451869217
$25.00

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