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Testing of Growth Convergence and Economic Transition Under the Framework of the S-Curve Hypothesis

In: Economic Growth And Transition Econometric Analysis of Lim's S-Curve Hypothesis

Author

Listed:
  • Hui Ying Sng

    (Nanyang Technological University, Singapore)

Abstract

The following sections are included:IntroductionS-Curve hypothesis' predictions on growth convergenceEconometric modeling of growth convergence by Phillips and SulSynergizing Lim's S-Curve hypothesis and Phillips and Sul's modeling of economic transitionReview of Phillips and Sul's MethodologyModeling economic transitionsTesting convergence using variance ratioAnalysis of Transition PathsData and categorization of economiesRelative transition curves of the 3 groups of economiesRelative transition curves of the elephant economiesRelative transition curves of the horse economiesRelative transition curves of the turtle economiesEconometric Testing of Growth ConvergenceConclusionAppendix: List of Economies and Their Abbreviations

Suggested Citation

  • Hui Ying Sng, 2010. "Testing of Growth Convergence and Economic Transition Under the Framework of the S-Curve Hypothesis," World Scientific Book Chapters, in: Economic Growth And Transition Econometric Analysis of Lim's S-Curve Hypothesis, chapter 3, pages 47-69, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814291842_0003
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