Testing of Growth Convergence and Economic Transition Under the Framework of the S-Curve Hypothesis
Hui Ying Sng
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Hui Ying Sng: Nanyang Technological University, Singapore
Chapter 3 in Economic Growth and Transition:Econometric Analysis of Lim's S-Curve Hypothesis, 2010, pp 47-69 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
AbstractThe following sections are included:IntroductionS-Curve hypothesis' predictions on growth convergenceEconometric modeling of growth convergence by Phillips and SulSynergizing Lim's S-Curve hypothesis and Phillips and Sul's modeling of economic transitionReview of Phillips and Sul's MethodologyModeling economic transitionsTesting convergence using variance ratioAnalysis of Transition PathsData and categorization of economiesRelative transition curves of the 3 groups of economiesRelative transition curves of the elephant economiesRelative transition curves of the horse economiesRelative transition curves of the turtle economiesEconometric Testing of Growth ConvergenceConclusionAppendix: List of Economies and Their Abbreviations
Keywords: Economic Growth; Economic Transition; S-Curve Hypothesis; Technological Diffusion; Economic Convergence; Economic Divergence; Capital Accumulation; Capital Stock (search for similar items in EconPapers)
Date: 2010
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