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Economic Growth of Rich and Poor Countries: A Social Accounting Matrix Approach

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  • S.I. Cohen

    (Faculty of Economic Sciences, Erasmus University, Rotterdam, The Netherlands.)

Abstract

Many recent empirical studies on comparative growth focus on the supply side determinants of growth. This paper highlights the insights to be gained from employing a demand-determined growth model. A modelling framework along the Social Accounting Matrix, empirically analysed for a group of sixteen countries at different stages of economic development, gives support to the convergence thesis.

Suggested Citation

  • S.I. Cohen, 1997. "Economic Growth of Rich and Poor Countries: A Social Accounting Matrix Approach," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 36(4), pages 765-790.
  • Handle: RePEc:pid:journl:v:36:y:1997:i:4:p:765-790
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    File URL: http://www.pide.org.pk/pdf/PDR/1997/Volume4/765-790.pdf
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    1. Levine, Ross & Renelt, David, 1992. "A Sensitivity Analysis of Cross-Country Growth Regressions," American Economic Review, American Economic Association, vol. 82(4), pages 942-963, September.
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