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Do countries belonging to the same region suggest the same growth enhancing variables? Evidence from selected South Asian countries

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  • Cooray, Arusha
  • Paradiso, Antonio
  • Truglia, Francesco Giovanni

Abstract

We investigate the growth enhancing variables in a group of countries belonging to the same geographical area namely, India, Sri Lanka, Pakistan and Bangladesh over the period 1960–2010. We find that this “homogeneity” does not necessarily imply that countries have the same growth enhancing variables due mainly to differences in institutions and policies. Our result suggests that time-series econometrics are preferable to identify the growth drivers for a country accurately.

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Bibliographic Info

Article provided by Elsevier in its journal Economic Modelling.

Volume (Year): 33 (2013)
Issue (Month): C ()
Pages: 772-779

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Handle: RePEc:eee:ecmode:v:33:y:2013:i:c:p:772-779

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Web page: http://www.elsevier.com/locate/inca/30411

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Keywords: Homogeneity; Country specific time-series; South Asian countries;

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Cited by:
  1. Arusha Cooray & Marcella Lucchetta & Antonio Paradiso, 2013. "A knowledge economy approach in empirical growth models for the Nordic countries," Economics Working Papers wp13-06, School of Economics, University of Wollongong, NSW, Australia.

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