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Slowdowns and Meltdowns: Post-war Growth Evidence from 74 Countries

Dan Ben-David () and David Papell

No 1111, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Many countries, both industrialized and developing, appear to have experienced a slowdown in economic growth. We examine a large sample of countries and find that a majority exhibit a significant structural break in their post-war growth rates. In nearly all of these cases the break was followed by a growth slowdown. The breaks fall into two primary periods which delineate countries by developmental and regional characteristics as well as by the magnitude of the subsequent slowdowns.

Keywords: Economic Growth; Meltdowns; Slowdowns (search for similar items in EconPapers)
JEL-codes: C22 O1 O47 O5 (search for similar items in EconPapers)
Date: 1995-02
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Citations: View citations in EconPapers (4)

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Working Paper: Slowdowns and Meltdowns: Postwar Growth Evidence from 74 Countries (1997) Downloads
Working Paper: Slowdowns and Meltdowns: Post-War Growth Evidence from 74 Countries (1996)
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