The Sources of Growth at Different Levels of Development

35 Pages Posted: 18 Nov 2003

See all articles by Evan Osborne

Evan Osborne

Wright State University - Raj Soin College of Business - Department of Economics

Date Written: October 2003

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. Two 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 human capital in promoting growth.

Keywords: Growth Regressions, Growth

JEL Classification: O10, O40, O50

Suggested Citation

Osborne, Evan, The Sources of Growth at Different Levels of Development (October 2003). Available at SSRN: https://ssrn.com/abstract=462200 or http://dx.doi.org/10.2139/ssrn.462200

Evan Osborne (Contact Author)

Wright State University - Raj Soin College of Business - Department of Economics ( email )

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