Structural Changes in NICs: Some Evidences on Attractor Points
In this paper we develop a regression and a kernel density based model for finding fixed points and attractors of dynamical systems to explore attractors of structural change for NICs. The results show that countries consume longer time in some structures than the others. This can be interpreted as existence of attractors that pull countries to themselves in the first stage of the development. In the other words one attractor (low level attractor) prevent countries to reach industrial structure. Awareness of this can be helpful in policymaking for transition from one structure to another. This analysis shades light on the problem that 'why some countries can not get ride of traditional structure?' or bad structure phenomena.
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