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ECONOMIC GROWTH AND TRANSITION:Econometric Analysis of Lim's S-Curve Hypothesis

Author

Listed:
  • Hui Ying Sng

    (Nanyang Technological University, Singapore)

Abstract

This book is the first of its kind to systematically analyze and apply Lim Chong Yah's S-Curve Hypothesis to the various facets of economic growth and economic transition. By augmenting the mathematical and economical sophistication of the hypothesis, this book extends the S-Curve hypothesis to provide further insight into economic growth and transition.It also utilizes a construction of a stochastic growth model to provide the microeconomic foundation for the S-Curve hypothesis. This model resolves the puzzle of why some developing countries experience economic take-off, while others do not. The book analyzes and extends discussion on the S-Curve, and also applies the S-Curve hypothesis to predict long-term growth in Japan and Singapore. It serves as an excellent resource for people interested in Lim's growth theory.

Suggested Citation

  • Hui Ying Sng, 2010. "ECONOMIC GROWTH AND TRANSITION:Econometric Analysis of Lim's S-Curve Hypothesis," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., volume 1, number 7570, March.
  • Handle: RePEc:wsi:wsbook:7570
    as

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    More about this item

    Keywords

    Economic Growth; Economic Transition; S-Curve Hypothesis; Technological Diffusion; Economic Convergence; Economic Divergence; Capital Accumulation; Capital Stock;

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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