Growth Variations Across Developing Countries: How Much and Why?

Gupta G S

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: The paper examines the extent and the causes of variations in economic growth across twenty-nine developing countries. The sample countries come from Asia, Africa, and South/Central America. It finds that while Brazil, Cameroon and Korea have witnessed a relatively higher growth rates; Chile, Ethiopia, Ghana, India, and Jamaica have experienced lower growth rates during the Sixties and Seventies. The principal factors responsible for varying performances are found to be the saving/investment rate, export, government expenditure, price distortions and multi-national corporations economic penetration rate. While the first three factors promote economic growth, the last two hamper it.

Date: 1987-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp00732

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