What Makes Growth Sustained?:
We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin Ameri...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2008
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Schriftenreihe: | IMF Working Papers
Working Paper No. 08/59 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin American countries than elsewhere. We find that growth duration is positively related to: the degree of equality of the income distribution; democratic institutions; export orientation (with higher propensities to export manufactures, greater openness to FDI, and avoidance of exchange rate overvaluation favorable for duration); and macroeconomic stability (with even moderate instability curtailing growth duration) |
Beschreibung: | 1 Online-Ressource (33 p) |
ISBN: | 1451869215 9781451869217 |
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index_date | 2024-07-03T20:13:25Z |
indexdate | 2024-07-10T09:35:34Z |
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spelling | Ostry, Jonathan David Verfasser aut What Makes Growth Sustained? Ostry, Jonathan David Washington, D.C International Monetary Fund 2008 1 Online-Ressource (33 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/59 We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin American countries than elsewhere. We find that growth duration is positively related to: the degree of equality of the income distribution; democratic institutions; export orientation (with higher propensities to export manufactures, greater openness to FDI, and avoidance of exchange rate overvaluation favorable for duration); and macroeconomic stability (with even moderate instability curtailing growth duration) Online-Ausg Berg, Andrew Sonstige oth Zettelmeyer, Jeromin Sonstige oth http://elibrary.imf.org/view/IMF001/09104-9781451869217/09104-9781451869217/09104-9781451869217.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Ostry, Jonathan David What Makes Growth Sustained? |
title | What Makes Growth Sustained? |
title_auth | What Makes Growth Sustained? |
title_exact_search | What Makes Growth Sustained? |
title_exact_search_txtP | What Makes Growth Sustained? |
title_full | What Makes Growth Sustained? Ostry, Jonathan David |
title_fullStr | What Makes Growth Sustained? Ostry, Jonathan David |
title_full_unstemmed | What Makes Growth Sustained? Ostry, Jonathan David |
title_short | What Makes Growth Sustained? |
title_sort | what makes growth sustained |
url | http://elibrary.imf.org/view/IMF001/09104-9781451869217/09104-9781451869217/09104-9781451869217.xml |
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