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The Big Push and Economic Growth: Empirical Evidence

Juan Garcia-Gonzalez ()

No 15154, Econógrafos, Escuela de Economía from Universidad Nacional de Colombia, FCE, CID

Abstract: Since the introduction in the 1940s of the "big push" as a concept and a conceptual frame, it has served to explain the divergent processes of economic growth and development of different countries. This article attempts to link the advance in the theory of the big push made by (Murphy, Shleifer and Vishny, 1988), with other studies that empirically confirm this development. The results show that the mathematical development made by (Murphy et al., 1988) can be supported empirically, which means that in fact the actual inter-sectoral dependence, under certain conditions, helps to build virtuous circles contributing to economic growth and development.

Keywords: Big Push; empirical evidence; economic growth; economic development (search for similar items in EconPapers)
JEL-codes: E10 N10 O40 (search for similar items in EconPapers)
Pages: 10
Date: 2016-10-20
New Economics Papers: this item is included in nep-fdg and nep-gro
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