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Cross-Country Growth Comparison: Theory to Empirics

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Quah, Danny

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Abstract

This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has guided that empirical analysis. The paper argues that recent studies of economic growth - both empirical and theoretical - distinguish from previous work in three distinct ways: 1. An explicit focus on cross-country growth and development experiences; 2. Improved, more extensive cross-country data; 3. A heightened need, driven by real-world topicality, for understanding the role of knowledge and technology in economic growth.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 2294.

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Date of creation: Nov 1999
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Handle: RePEc:cpr:ceprdp:2294

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Related research
Keywords: Convergence; Cross-Section Regression; Distribution Dynamics; Endogenous Growth; knowledge; Neoclassical Growth; Panel Data; Technology; Twin Peaks;

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Find related papers by JEL classification:
C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions
C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data
D30 - Microeconomics - - Distribution - - - General
E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General
O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

Cited by:
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  1. Alison Stegman, 2005. "Convergence in Carbon Emissions Per Capita," Research Papers 0505, Macquarie University, Department of Economics. [Downloadable!]
    Other versions:
  2. Badinger, Harald & Tondl, Gabriele, 2002. "Trade, human capital and innovation: The engines of European regional growth in the 1990s," ERSA conference papers ersa02p043, European Regional Science Association. [Downloadable!]
  3. Saso Polanec, 2004. "Convergence at last? Evidence from Transition Countries," LICOS Discussion Papers 14404, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
    Other versions:
  4. Andros Kourtellos, 2002. "Modeling Parameter Heterogeneity in Cross Country Growth Regression Models," University of Cyprus Working Papers in Economics 0212, University of Cyprus Department of Economics. [Downloadable!]
  5. Gavin Cameron, 2000. "The Sun Also Rises: Productivity Convergence Between Japan and the USA," Economics Series Working Papers 045, University of Oxford, Department of Economics. [Downloadable!]
    Other versions:
  6. Sarajevs, Vadims, 2001. "Convergence of European Transition Economies and the EU: What Do the Data Show?," BOFIT Discussion Papers 13/2001, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
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