EconPapers    
Economics at your fingertips  
 

Modeling Growth (and Liberalization) Using Smooth Transitions Analysis

Sir David Greenaway (), Stephen Leybourne () and David Sapsford

Economic Inquiry, 1997, vol. 35, issue 4, 798-814

Abstract: Economic liberalization has been a pervasive phenomenon over the last twenty years. Programs have been initiated on the assumption that liberalization promotes economic growth but the empirical evidence for this is limited. This paper takes a novel approach to modeling growth and structural change as smooth transitions. This allows the authors to model deterministic change without imposing discrete changes. They use smooth transition analysis to reappraise the time-series properties of long-run growth rates in a number of developing countries which have undertaken liberalization. The authors' results challenge conventional wisdom on both methodological and empirical grounds. Copyright 1997 by Oxford University Press.

Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ecinqu:v:35:y:1997:i:4:p:798-814

Ordering information: This journal article can be ordered from
http://www.oup.co.uk/journals

Access Statistics for this article

Economic Inquiry is currently edited by Preston McAfee

More articles in Economic Inquiry from Western Economic Association International Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2019-12-17
Handle: RePEc:oup:ecinqu:v:35:y:1997:i:4:p:798-814