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Do all countries grow alike?

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Author Info

  • Bos, J.W.B.
  • Economidou, C.
  • Koetter, M.
  • Kolari, J.W.

Abstract

This paper investigates the driving forces of output change in 77 countries during the period 1970-2000. A flexible modeling strategy is adopted that accounts for (i) the inefficient use of resources, and (ii) different production technologies across countries. The proposed model can identify technical, efficiency, and input change for each of three endogenously determined regimes. Membership in these regimes is estimated, rather than determined ex ante. This framework enables explorations into the determinants of output growth and convergence issues in each regime.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Development Economics.

Volume (Year): 91 (2010)
Issue (Month): 1 (January)
Pages: 113-127

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Handle: RePEc:eee:deveco:v:91:y:2010:i:1:p:113-127

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Web page: http://www.elsevier.com/locate/devec

Related research

Keywords: Growth Efficiency Stochastic Frontier analysis Latent class Regimes;

References

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Citations

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Cited by:
  1. Maty Konte, 2012. "A Curse or a Blessing? Natural Resources in a Multiple Growth Regimes Analysis," Working Papers halshs-00793217, HAL.
  2. Di Vaio, Gianfranco & Enflo, Kerstin, 2011. "Did globalization drive convergence? Identifying cross-country growth regimes in the long run," European Economic Review, Elsevier, vol. 55(6), pages 832-844, August.
  3. Subal Kumbhakar & Raquel Ortega-Argilés & Lesley Potters & Marco Vivarelli & Peter Voigt, 2012. "Corporate R&D and firm efficiency: evidence from Europe’s top R&D investors," Journal of Productivity Analysis, Springer, vol. 37(2), pages 125-140, April.
  4. Petrakis, Panagiotis & Kostis, Pantelis, 2013. "Economic growth and cultural change," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 47(C), pages 147-157.
  5. Halkos, George E. & Tzeremes, Nickolaos G., 2011. "Oil consumption and economic efficiency: A comparative analysis of advanced, developing and emerging economies," Ecological Economics, Elsevier, vol. 70(7), pages 1354-1362, May.
  6. Kumbhakar, Subal C. & Parmeter, Christopher F. & Tsionas, Efthymios G., 2013. "A zero inefficiency stochastic frontier model," Journal of Econometrics, Elsevier, vol. 172(1), pages 66-76.
  7. Flachaire, Emmanuel & García-Peñalosa, Cecilia & Konte, Maty, 2014. "Political versus economic institutions in the growth process," Journal of Comparative Economics, Elsevier, vol. 42(1), pages 212-229.
  8. López, Santiago M. & Molero, José & Santos-Arteaga, Francisco J., 2011. "Poverty traps in a frictionless world: The effects of learning and technology assimilation," Structural Change and Economic Dynamics, Elsevier, vol. 22(2), pages 106-115, June.
  9. Jakub Growiec, 2013. "On the measurement of technological progress across countries," Bank i Kredyt, National Bank of Poland, Economic Institute, vol. 44(5), pages 467-504.
  10. Rodríguez, Francisco & Shelton, Cameron A., 2013. "Cleaning up the kitchen sink: Specification tests and average derivative estimators for growth econometrics," Journal of Macroeconomics, Elsevier, vol. 38(PB), pages 260-273.
  11. Kerekes, Monika, 2012. "Growth miracles and failures in a Markov switching classification model of growth," Journal of Development Economics, Elsevier, vol. 98(2), pages 167-177.
  12. Jolanda Hessels & Peter van der Zwan & Mark Sanders, 2013. "Entrepreneurial activity, industry orientation, and economic growth," Scales Research Reports H201307, EIM Business and Policy Research.

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