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Growth Accelerations Revisited

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  • Guo Xu
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Abstract

Hausmann, Pritchett, and Rodrik (2005) found that political regime changes, external shocks and economic reforms are statistically significant predictors of growth accelerations. Updating the data from 1992 up to 2000 and correcting for coding errors, this paper argues that the original results are fragile upon changes in period, sample, measures, and inclusion of controls. All the data are provided in a linked appendix.

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File URL: http://econjwatch.org/file_download/479/XuJanuary2011.pdf
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File URL: http://econjwatch.org/691
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Bibliographic Info

Article provided by Econ Journal Watch in its journal Econ Journal Watch.

Volume (Year): 8 (2011)
Issue (Month): 1 (January)
Pages: 39-56

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Handle: RePEc:ejw:journl:v:8:y:2011:i:1:p:39-56

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Keywords: Economic growth; economic policy; growth accelerations;

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References

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  1. Islam, Nazrul, 1995. "Growth Empirics: A Panel Data Approach," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 110(4), pages 1127-70, November.
  2. Richard Jong-A-Pin & Jakob De Haan, 2008. "Growth Accelerations and Regime Changes: A Correction," Econ Journal Watch, Econ Journal Watch, Econ Journal Watch, vol. 5(1), pages 51-58, January.
  3. Jonas Dovern & Peter Nunnenkamp, 2007. "Aid and Growth Accelerations: An Alternative Approach to Assessing the Effectiveness of Aid," Kyklos, Wiley Blackwell, Wiley Blackwell, vol. 60(3), pages 359-383, 08.
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Cited by:
  1. Tilman Brück & Guo Xu, 2011. "Who Gives Aid to Whom and When?: Aid Accelerations, Shocks and Policies," Economics of Security Working Paper Series 49, DIW Berlin, German Institute for Economic Research.

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