Do all countries grow alike?

J. W. B. Bos, C. Economidou, M. Koetter*, J. W. Kolari

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

This paper investigates the driving forces of output change in 77 countries during the period 1970–2000. A flexible modeling strategy is adopted that accounts for (i) the inefficient use of resources, and (ii) different production technologies across countries. The proposed model can identify technical, efficiency, and input change for each of three endogenously determined regimes. Membership in these regimes is estimated, rather than determined ex ante. This framework enables explorations into the determinants of output growth and convergence issues in each regime.
Original languageEnglish
Pages (from-to)113-127
JournalJournal of Development Economics
Volume91
Issue number1
DOIs
Publication statusPublished - Jan 2010
Externally publishedYes

Keywords

  • Growth
  • Efficiency
  • Stochastic
  • Frontier analysis
  • Latent class
  • Regimes

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