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A note on modelling economic growth determinants in the Dominican Republic

Author

Listed:
  • Susan Pozo
  • Jose Sanchez-Fung
  • Amelia Santos-Paulino

Abstract

The article models economic growth determinants in the Dominican Republic. The exercise considers a panel of 25 candidate explanatory variables observed during the last three decades of the twentieth century. The time series are selected on the basis of economic theory and previous findings in the cross-country empirical growth literature. The modelling reveals that the annual growth rate of real gross domestic product per capita is, on average, inversely associated to a proxy for market distortions, and positively related to government expenditure, economic growth in the United States of America, and an index of globalization comprising international trade and migration variables.

Suggested Citation

  • Susan Pozo & Jose Sanchez-Fung & Amelia Santos-Paulino, 2011. "A note on modelling economic growth determinants in the Dominican Republic," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 4(1), pages 35-41.
  • Handle: RePEc:taf:macfem:v:4:y:2011:i:1:p:35-41
    DOI: 10.1080/17520843.2011.548594
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    Cited by:

    1. Cruz-Rodríguez, Alexis, 2015. "Crecimiento económico y desalineación del tipo de cambio real en la República Dominicana: ¿Hay alguna relación? [Economic growth and the real exchange rate misalignments in the Dominican Republic: ," MPRA Paper 70974, University Library of Munich, Germany.

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