Long-run economic growth: modeling exercise for emerging markets

Daniel Toro González ()

No 5573, Documentos de Trabajo from Universidad Tecnológica de Bolívar

Abstract: This document is intended to show some results about the predictions over the long run economic growth of some emerging markets. Following Lucas (2009) we successfully replicate the estimation about Thailand, South Korea, Indonesia and Hong Kong, and we also use the model to predict the per capita GDP in some Latin American countries like Chile, Colombia and Mexico taking United States as the leading economy. We show that there are significantdifferences in the catch up process between the Asian economies and the Latin American Economies. In Latin America, the convergence process will take more than twice the time needed by the Asian economies to catch up the most advanced economies.

Keywords: Dual economy; agriculture employment; per capita GDP; economic growth (search for similar items in EconPapers)
JEL-codes: A23 F41 O33 O47 (search for similar items in EconPapers)
Pages: 5
Date: 2009-06-03
New Economics Papers: this item is included in nep-fdg and nep-sea
References: Add references at CitEc
Citations:

Downloads: (external link)
http://ssrn.com/abstract=1413945

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:col:000162:005573

Access Statistics for this paper

More papers in Documentos de Trabajo from Universidad Tecnológica de Bolívar Contact information at EDIRC.
Bibliographic data for series maintained by Economia y Region ().