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Deep determinants of economic growth

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  • Sambit Bhattacharyya

Abstract

A survey of the recent literature on cross country development reveals that there is an agreement on the key role played by institutions in explaining variation in the level of income per capita. Rodrik et al. (NBER Working Paper No. w8119, February, 2002) goes further to argue the primacy of institutions over integration and geography in a level accounting framework. The robustness of this result is checked by changing the dependent variable from level to growth and find that the same holds true.

Suggested Citation

  • Sambit Bhattacharyya, 2004. "Deep determinants of economic growth," Applied Economics Letters, Taylor & Francis Journals, vol. 11(9), pages 587-590.
    • Handle: RePEc:taf:apeclt:v:11:y:2004:i:9:p:587-590
    DOI: 10.1080/1350485042000228826
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    Citations

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    Cited by:

    1. Sambit Bhattacharyya, 2009. "Root Causes of African Underdevelopment," Journal of African Economies, Centre for the Study of African Economies, vol. 18(5), pages 745-780, November.
    2. Sambit Bhattacharyya & Steve Dowrick & Jane Golley, 2009. "Institutions and Trade: Competitors or Complements in Economic Development?," The Economic Record, The Economic Society of Australia, vol. 85(270), pages 318-330, September.
    3. Willoughby, Kelvin W. & Mullina, Nadezhda, 2021. "Reverse innovation, international patenting and economic inertia: Constraints to appropriating the benefits of technological innovation," Technology in Society, Elsevier, vol. 67(C).
    4. Dodd, Mark C., 2014. "Intertemporal discounting as a risk factor for high BMI: Evidence from Australia, 2008," Economics & Human Biology, Elsevier, vol. 12(C), pages 83-97.
    5. Tiago Neves Sequeira & Margarida Rodrigues, 2009. "Social or human infrastructure? Re-examining essential determinants of output per worker among countries," Applied Economics Letters, Taylor & Francis Journals, vol. 16(14), pages 1455-1459.
    6. Linda Glawe & Helmut Wagner, 2019. "The deep determinants of economic development in China—a provincial perspective," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 24(4), pages 484-514, October.
    7. LICERIO, Enedina & FULLERTON, Thomas M. Jr. & CLARK, Don P., 2010. "Empirical Evidence Regarding Regulatory Burdens And Global Income Performance," Estudios Economicos de Desarrollo Internacional, Euro-American Association of Economic Development, vol. 10(2), pages 5-32.
    8. Khurram Jamali & Kirsten Wandschneider & Phanindra Wunnava, 2007. "The effect of political regimes and technology on economic growth," Applied Economics, Taylor & Francis Journals, vol. 39(11), pages 1425-1432.
    9. Glawe, Linda & Wagner, Helmut, 2017. "The Deep Determinants of the Middle-Income Trap," CEAMeS Discussion Paper Series 10/2017, University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS), revised 2017.
    10. Cavusoglu, Nevin, 2012. "LISREL growth model on direct and indirect effects using cross-country data," Economic Modelling, Elsevier, vol. 29(6), pages 2362-2370.
    11. Glawe, Linda & Wagner, Helmut, 2017. "The Deep Determinants at More Subtle Stages of Development: The Example of the Middle-Income Trap Phenomenon," CEAMeS Discussion Paper Series 11/2017, University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS), revised 2017.
    12. Johannes Fedderke & John Luiz & Raphael Kadt, 2008. "Using fractionalization indexes: deriving methodological principles for growth studies from time series evidence," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 85(2), pages 257-278, January.
    13. Hai Long & Wenwei Li, 2021. "Does COVID-19 Pandemic Impact on China s Economy Structure and Sustainability of Deep Economic Determinants?," International Journal of Economics and Financial Issues, Econjournals, vol. 11(3), pages 81-88.
    14. Hai Long & Jianzhi Zhao, 2021. "The Impact of SARS Epidemic and Financial Crisis on China’s Economy Structure Referenced to the Potential Impact of COVID-19," Bulletin of Applied Economics, Risk Market Journals, vol. 8(1), pages 97-108.
    15. Aromí, Daniel & Bermúdez, Cecilia & Dabús, Carlos, 2022. "Uncertainty and economic growth: evidence from Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    16. Rishav Bista & Brandon J. Sheridan, 2021. "Economic growth takeoffs and the extensive and intensive margins of trade," Review of Development Economics, Wiley Blackwell, vol. 25(3), pages 1373-1396, August.

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