Economic Growth of Rich and Poor Countries: A Social Accounting Matrix Approach
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.
Volume (Year): 36 (1997)
Issue (Month): 4 ()
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- Levine, Ross & Renelt, David, 1992.
"A Sensitivity Analysis of Cross-Country Growth Regressions,"
American Economic Review,
American Economic Association, vol. 82(4), pages 942-63, September.
- Levine, Ross & Renelt, David, 1991. "A sensitivity analysis of cross-country growth regressions," Policy Research Working Paper Series 609, The World Bank.
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