Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries:
This paper examines the extent to which there has been convergence in real per capita incomes across developing countries during the last two decades. In the analysis particular emphasis is placed on the separate roles played by private and public sector investment in determining both the extent and...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
1993
|
| Series: | IMF Working Papers
Working Paper No. 93/51 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | This paper examines the extent to which there has been convergence in real per capita incomes across developing countries during the last two decades. In the analysis particular emphasis is placed on the separate roles played by private and public sector investment in determining both the extent and the speed of convergence. The paper also considers the importance of the stock of human capital, trade orientation, and foreign direct investment in the long-run growth process. Empirical tests are carried out for a large sample of 95 developing countries over the period 1970-90. The results provide support for the notion of differential effects of public and private investment on long-term growth, as well as for the convergence hypothesis |
| Physical Description: | 1 Online-Ressource (36 p) |
| ISBN: | 1451847033 9781451847031 |
Staff View
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:20Z |
| indexdate | 2024-07-10T09:35:28Z |
| institution | BVB |
| isbn | 1451847033 9781451847031 |
| language | English |
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| physical | 1 Online-Ressource (36 p) |
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| publishDate | 1993 |
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| publisher | International Monetary Fund |
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| spelling | Khan, Mohsin S. Verfasser aut Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries Khan, Mohsin S Washington, D.C International Monetary Fund 1993 1 Online-Ressource (36 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 93/51 This paper examines the extent to which there has been convergence in real per capita incomes across developing countries during the last two decades. In the analysis particular emphasis is placed on the separate roles played by private and public sector investment in determining both the extent and the speed of convergence. The paper also considers the importance of the stock of human capital, trade orientation, and foreign direct investment in the long-run growth process. Empirical tests are carried out for a large sample of 95 developing countries over the period 1970-90. The results provide support for the notion of differential effects of public and private investment on long-term growth, as well as for the convergence hypothesis Online-Ausg Kumar, Manmohan S. Sonstige oth http://elibrary.imf.org/view/IMF001/05475-9781451847031/05475-9781451847031/05475-9781451847031.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Khan, Mohsin S. Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries |
| title | Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries |
| title_auth | Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries |
| title_exact_search | Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries |
| title_exact_search_txtP | Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries |
| title_full | Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries Khan, Mohsin S |
| title_fullStr | Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries Khan, Mohsin S |
| title_full_unstemmed | Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries Khan, Mohsin S |
| title_short | Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries |
| title_sort | public and private investment and the convergence of per capita incomes in developing countries |
| url | http://elibrary.imf.org/view/IMF001/05475-9781451847031/05475-9781451847031/05475-9781451847031.xml |
| work_keys_str_mv | AT khanmohsins publicandprivateinvestmentandtheconvergenceofpercapitaincomesindevelopingcountries AT kumarmanmohans publicandprivateinvestmentandtheconvergenceofpercapitaincomesindevelopingcountries |