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The Sources Of Growth At Different Stages Of Development

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  • EVAN OSBORNE

Abstract

Cross‐country growth regressions have become an increasingly common tool in empirical development research. But these regressions typically do not attempt to distinguish among countries in different stages of development. Three empirical methods are used to test for such differences. Several of the factors known to affect economic growth are shown to operate differently for countries in different portions of the global income distribution. The results have implications for the role of financial markets, openness and factor accumulation in promoting growth. (JEL O150, O160, O400)

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  • Evan Osborne, 2006. "The Sources Of Growth At Different Stages Of Development," Contemporary Economic Policy, Western Economic Association International, vol. 24(4), pages 536-547, October.
    • Handle: RePEc:bla:coecpo:v:24:y:2006:i:4:p:536-547
    DOI: 10.1093/cep/byj040
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    4. Łukasz Jabłoński, 2011. "Kapitał ludzki w wybranych modelach wzrostu gospodarczego," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1-2, pages 81-103.
    5. Marta Simões & João Sousa Andrade & Adelaide Duarte, 2012. "Convergence and Growth: Portugal in the EU 1986-2010," GEMF Working Papers 2012-13, GEMF, Faculty of Economics, University of Coimbra.
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    7. Ashraf, Sania & P., Jithin & Slim, Skander & Najeeb, Roshen, 2023. "Global value chains and economic complexity index: Evidence from generalized panel quantile regression," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 347-365.
    8. Jesús Peiró-Palomino, 2016. "European regional convergence revisited: the role of intangible assets," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 57(1), pages 165-194, July.
    9. Dragomir Sundac & Irena Fatur Krmpotic, 2011. "Knowledge Economy Factors and the Development of Knowledge-based Economy," Croatian Economic Survey, The Institute of Economics, Zagreb, vol. 13(1), pages 105-141, April.
    10. João Sousa Andrade & Adelaide Duarte & Marta Simões, 2014. "A Quantile Regression Analysis of Growth and Convergence in the EU: Potential Implications for Portugal," Notas Económicas, Faculty of Economics, University of Coimbra, issue 39, pages 48-72, June.
    11. Mina Baliamoune-Lutz, 2010. "Financial Development and Income in Developing Countries," ICER Working Papers 09-2010, ICER - International Centre for Economic Research.

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