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Comparative Economic Growth: Evidence and Interpretation

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Author Info
James A. Brander

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Abstract

This paper reviews the major facts of comparative per capita economic growth over the 1960-88 period, drawing attention to the unprecedented rates of growth achieved by the fastest-growing economies and the consequent unprecedented variation in economic growth across countries. This paper also discusses the major economic explanations for cross-country variations, including traditional capital accumulation, technological "catch-up" and endogenous technological change, demographic change in combination with natural resource depletion, human capital investment, and government policy. All of these factors have explanatory power but much of the variation remains poorly understood.

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File URL: http://links.jstor.org/sici?sici=0008-4085%28199211%2925%3A4%3C792%3ACEGEAI%3E2.0.CO%3B2-N
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Publisher Info
Article provided by Canadian Economics Association in its journal Canadian Journal of Economics.

Volume (Year): 25 (1992)
Issue (Month): 4 (November)
Pages: 792-818
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Handle: RePEc:cje:issued:v:25:y:1992:i:4:p:792-818

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  1. Groot, H.L.F. de & Schaik, A.B.T.M. van, 1995. "Relative Convergence in a Dual Economy with Tradeable and Non-Tradeable Goods," Discussion Paper 43, Tilburg University, Center for Economic Research. [Downloadable!]
  2. Stefano Athanasoulis & Eric van Wincoop, 1997. "Growth uncertainty and risksharing," Staff Reports 30, Federal Reserve Bank of New York. [Downloadable!]
    Other versions:
  3. Kanta Marwah & Akbar Tavakoli, 2004. "The Effect of Foreign Capital and Imports on Economic Growth: Further Evidence from Four Asian Countries," Carleton Economic Papers 04-02, Carleton University, Department of Economics. [Downloadable!]
  4. James A. Brander & Steve Dowrick, 1993. "The Role of Fertility and Population in Economic Growth: Empirical ResultsFrom Aggregate Cross-National Data," NBER Working Papers 4270, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
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