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Nonlinear growth in a long-run perspective

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  • D. Fiaschi
  • Andrea Mario Lavezzi

Abstract

This study analyses the pattern of long-run growth of a cross-section of countries, adopting the distribution dynamics approach. The relationship between growth rates and income levels appears first increasing and then decreasing, indicating the existence of different growth regimes.

Suggested Citation

  • D. Fiaschi & Andrea Mario Lavezzi, 2004. "Nonlinear growth in a long-run perspective," Applied Economics Letters, Taylor & Francis Journals, vol. 11(2), pages 101-104.
  • Handle: RePEc:taf:apeclt:v:11:y:2004:i:2:p:101-104
    DOI: 10.1080/1350485042000200196
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    References listed on IDEAS

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    1. Durlauf, Steven N. & Quah, Danny T., 1999. "The new empirics of economic growth," Handbook of Macroeconomics,in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 4, pages 235-308 Elsevier.
    2. Mas-Colell, Andreu & Razin, Assaf, 1973. "A Model of Intersectoral Migration and Growth," Oxford Economic Papers, Oxford University Press, vol. 25(1), pages 72-79, March.
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    Cited by:

    1. Alonso-Carrera Jaime & Caballé Jordi & Raurich Xavier, 2015. "Consumption composition and macroeconomic dynamics," The B.E. Journal of Macroeconomics, De Gruyter, vol. 15(1), pages 1-42, January.
    2. Falko Juessen, 2009. "A distribution dynamics approach to regional GDP convergence in unified Germany," Empirical Economics, Springer, vol. 37(3), pages 627-652, December.

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