Economic growth dynamics across countries
Economic growth is one of the most important issues discussed worldwide. Its dynamics over time seem to be crucial from the perspective of the ability of poor countries to catch up with highly developed economies. As can be easily noticed in world statistics, both GDP per capita and GDP growth levels vary substantially across countries. The main purpose of the paper is to analyze GDP PPP per capita growth rates across countries in the period 1980 – 2008, as well as to identify top and bottom country performers. In addition, the author verifies the statistical relationship between GDP PPP per capita and some arbitrary selected social indicators like: school life expectancy, infant mortality rate, life expectancy and Human Development Index. All data applied in the study are drawn from International Monetary Fund and United Nation databases
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The Quarterly Journal of Economics,
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