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Cross-Country Growth Comparison: Theory to Empirics

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  • Quah, Danny

Abstract

This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has guided that empirical analysis. The paper argues that recent studies of economic growth - both empirical and theoretical - distinguish from previous work in three distinct ways: 1. An explicit focus on cross-country growth and development experiences; 2. Improved, more extensive cross-country data; 3. A heightened need, driven by real-world topicality, for understanding the role of knowledge and technology in economic growth.

Suggested Citation

  • Quah, Danny, 1999. "Cross-Country Growth Comparison: Theory to Empirics," CEPR Discussion Papers 2294, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:2294
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    Citations

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    Cited by:

    1. Harald Badinger & Gabriele Tondl, 2003. "Trade, Human Capital and Innovation: The Engines of European Regional Growth in the 1990s," Advances in Spatial Science, in: Bernard Fingleton (ed.), European Regional Growth, chapter 7, pages 215-239, Springer.
    2. Gavin Cameron, 2005. "The Sun Also Rises: Productivity Convergence Between Japan and the USA," Journal of Economic Growth, Springer, vol. 10(4), pages 387-408, December.
    3. Hiro Izushi, 2008. "What Does Endogenous Growth Theory Tell about Regional Economies? Empirics of R&D Worker-based Productivity Growth," Regional Studies, Taylor & Francis Journals, vol. 42(7), pages 947-960.
    4. Andros Kourtellos, 2002. "Modeling Parameter Heterogeneity in Cross Country Growth Regression Models," University of Cyprus Working Papers in Economics 0212, University of Cyprus Department of Economics.
    5. Sébastien BOURDIN, 2013. "Une Mesure Spatiale Locale De La Sigma-Convergence Pour Evaluer Les Disparites Regionales Dans L’Union Europeenne," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 37, pages 179-196.
    6. Sašo Polanec, 2004. "Convergence at Last? : Evidence from Transition Countries," Eastern European Economics, Taylor & Francis Journals, vol. 42(4), pages 55-80, July.
    7. Lawrence Bouton & Mariusz A. Sumlinski, 2000. "Trends in Private Investment in Developing Countries : Statistics for 1970-1998," World Bank Publications - Books, The World Bank Group, number 13986, December.
    8. Gavin Cameron, 2000. "R and D and Growth at the Industry Level," Economics Series Working Papers 2000-W04, University of Oxford, Department of Economics.

    More about this item

    Keywords

    Convergence; Cross-Section Regression; Distribution Dynamics; Endogenous Growth; knowledge; Neoclassical Growth; Panel Data; Technology; Twin Peaks;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • D30 - Microeconomics - - Distribution - - - General
    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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