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A Selective Review of Recent Developments in the Economic Growth Literature

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  • Tao Kong

Abstract

The role of institutions in the process of economic growth and development has generated considerable interest among researchers over the past few decades. In particular, incorporating institutional variables into the established growth theories and empirics involves understanding the impact and mechanisms through which institutions affect growth. In surveying recent developments in the economic growth literature, this review pays attention to the resurgent institutionalist research trend and its implications for growth theory and empirical research on growth. Policy issues primarily focused on Asian Pacific developing countries are highlighted. Copyright © 2007 The Author Journal compilation © 2007 Crawford School of Economics and Government, The Australian National University and Blackwell Publishing Asia Pty Ltd. .

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  • Tao Kong, 2007. "A Selective Review of Recent Developments in the Economic Growth Literature," Asian-Pacific Economic Literature, Asia Pacific School of Economics and Government, The Australian National University, vol. 21(1), pages 1-33, May.
  • Handle: RePEc:bla:apacel:v:21:y:2007:i:1:p:1-33
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    1. repec:jfr:jms111:v:8:y:2017:i:4:p:67-78 is not listed on IDEAS
    2. Sonja S. Teelucksingh & Paulo A.L.D. Nunes, 2010. "Biodiversity Valuation in Developing Countries: A Focus on Small Island Developing States (SIDS)," Working Papers 2010.111, Fondazione Eni Enrico Mattei.
    3. Miroslav Verbič & Boris Majcen & Olga Ivanova & Mitja Čok, 2011. "R&D and Economic Growth in Slovenia: A Dynamic General Equilibrium Approach with Endogenous Growth," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(1), pages 67-89, March.
    4. CHIKHURi, Krishna, 2014. "Agricultural Trade Liberalization and Economic Growth: Is there a connection in Sub-Saharan Africa?," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 14(1), pages 161-174.
    5. Van Hoa, Tran & Limskul, Kitti, 2013. "Economic impact of CO2 emissions on Thailand's growth and climate change mitigation policy: A modelling analysis," Economic Modelling, Elsevier, vol. 33(C), pages 651-658.

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