ECONOMIC GROWTH AND TRANSITION:Econometric Analysis of Lim's S-Curve Hypothesis
AbstractThis book is the first of its kind to systematically analyze and apply Lim Chong Yah's S-Curve Hypothesis to the various facets of economic growth and economic transition. By augmenting the mathematical and economical sophistication of the hypothesis, this book extends the S-Curve hypothesis to provide further insight into economic growth and transition.It also utilizes a construction of a stochastic growth model to provide the microeconomic foundation for the S-Curve hypothesis. This model resolves the puzzle of why some developing countries experience economic take-off, while others do not. The book analyzes and extends discussion on the S-Curve, and also applies the S-Curve hypothesis to predict long-term growth in Japan and Singapore. It serves as an excellent resource for people interested in Lim's growth theory.
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Bibliographic InfoThis book is provided by World Scientific Publishing Co. Pte. Ltd. in its series World Scientific Books with number 7570 and published in 2010.
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- C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
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