Nonlinear economic growth: Some theory and cross-country evidence

Journal of Development Economics

Volumn 84, Issue 1, 2007, Pages 271-290

  Fiaschi, Davide ^a   Lavezzi, Andrea Mario ^a  

^a UNIVERSITY OF PISA   (Italy)

Author keywords

Convergence; Distribution dynamics; Nonlinear growth; Structural change; Technological diffusion

Indexed keywords

CONVERGENCE; ECONOMIC GROWTH; ECONOMIC THEORY; EMPIRICAL ANALYSIS; GROWTH RATE; INCOME; MARKOV CHAIN; MODEL; NONLINEARITY; STOCHASTICITY; STRUCTURAL CHANGE;

EID: 34248226801     PISSN: 03043878     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jdeveco.2005.10.007     Document Type: Article

References (36)

1. Anderson T., and Goodman A. Statistical inference about Markov chains. The Annals of Mathematical Statistics 28 (1957) 89-110
2. Barro R., and Sala-i-Martin X. Economic Growth. Second Edition (2004), MIT Press, London
3. Basu S., and Weil D.N. Appropriate technology and growth. Quarterly Journal of Economics 113 (1998) 1025-1054
4. Breiman L., Friedman J.H., Olshen R.A., and Stone C.J. Classification and Regression Trees (1984), Chapman & Hall/CRC
5. Durlauf S.N., and Johnson P.A. Multiple regime and cross-country growth behaviour. Journal of Applied Econometrics 10 (1995) 365-384
6. Durlauf S.N., and Quah D.T. The new empirics of economic growth, Ch. 4. In: Taylor J.B., and Woodford M. (Eds). Handbook of Macroeconomics vol. IA (1999), North-Holland, Amsterdam
7. Durlauf S.N., Johnson P.A., and Temple J.R.W. Growth econometrics. In: Durlauf S.N., and Aghion P. (Eds). Handbook of Economic Growth (2005), Elsevier
8. Fiaschi D., and Lavezzi A.M. Distribution dynamics and nonlinear growth. Journal of Economic Growth 8 (2003) 379-401
9. Fiaschi, D., Lavezzi, A.M., 2005. On the Determinants of Growth Volatility: a Nonparametric Approach, mimeo.
10. Fiaschi, D., Lavezzi, A.M., 2006. Nonlinear Economic Growth: Some Theory and Cross-Country Evidence (with appendices), mimeo. Available at http://www-dse.ec.unipi.it/lavezzi/ and http://www-dse.ec.unipi.it/fiaschi/.
11. Galor O., and Weil D.N. Population, technology, and growth: from the Malthusian regime to the demographic transition and beyond. American Economic Review 90 (2000) 806-828
12. Hansen B.E. Sample splitting and threshold estimation. Econometrica 68 (2000) 575-603
13. Härdle W., Müller M., Sperlich S., and Werwatz A. Nonparametric and Semiparametric Models (2004), Springer, Berlin
14. Howitt P., and Mayer-Foulkes D. R&D, implementation and stagnation: a Shumpeterian theory of convergence clubs. Journal of Money, Credit and Banking 37 (2005) 147-177
15. Isaacson D.L., and Madsen R.W. Markov Chains: Theory and Applications (1976), John Wiley, New York
16. Johnson P.A. A continuous state space approach to 'convergence by parts'. Economic Letters 86 (2005) 317-321
17. Jones C.I. On the Evolution of World Income Distribution. Journal of Economic Perspectives 11 (1997) 19-36
18. Kalaitzidakis P., Mamuneas T., Savvides A., and Stengos T. Measures of human capital and nonlinearities in economic growth. Journal of Economic Growth 6 (2001) 229-254
19. Kremer M., Onatsky A., and Stock J. Searching for prosperity. Carnegie-Rochester Conference Series on Public Policy 55 (2001) 275-303
20. Lewis A. The Theory of Economic Growth (1956), Allen & Unwin, London
21. Liu Z., and Stengos T. Non-linearities in cross-country growth regressions: a semiparametric approach. Journal of Applied Econometrics 14 (1999) 527-538
22. Lucas R. Some macroeconomics for the 21st century. Journal of Economic Perspectives 14 (2000) 159-168
23. Maddison A. The World Economy: a Millenium Prospective (2001), OECD, Paris
24. Mas-Colell A., and Razin A. A model of intersectoral migration and growth. Oxford Economic Papers 25 (1973) 72-79
25. Murphy K., Shleifer A., and Vishny R. Industrialization and the big push. Journal of Political Economy 97 (1989) 1003-1026
26. Parente S.L., and Prescott E.C. Barriers to technology adoption and development. Journal of Political Economy 102 (1994) 298-321
27. Peretto P.F. Industrial development, technological change, and long-run growth. Journal of Development Economics 59 (1999) 389-417
28. Quah D.T. Empirical cross-section dynamics for economic growth. European Economic Review 37 (1993) 426-434
29. R Development Core Team. R: A Language and Environment for Statistical Computing (2005), R Foundation for Statistical Computing, Vienna, Austria. 3-900051-07-0. http://www.R-project.org URL http://www.R-project.org
30. Romer P.M. Increasing returns and long-run growth. Journal of Political Economy 94 (1986) 1002-1037
31. Rosenstein-Rodan P.N. Problem of industrialisation of Eastern and South-Eastern Europe. Economic Journal 53 (1943) 202-211
32. Rostow W.W. The Stages of Economic Growth (1960), Oxford University Press, Oxford
33. Shorrocks A.F. The measurement of mobility. Econometrica 46 (1978) 1013-1024
34. Therneau, T.M., Atkinson, B., 2005. R port by Brian Ripley, ripley@stats.ox.ac.uk. rpart: Recursive Partitioning. R package version 3.1-23. S-PLUS 6.x original at http://www.mayo.edu/hsr/Sfunc.html.
35. Wood S.N. Stable and efficient multiple smoothing parameter estimation for generalized additive models. Journal of the American Statistical Association 99 (2004) 673-686
36. Zilibotti F. A Rostovian model of endogenous growth and underdevelopment traps. European Economic Review 39 (1995) 1569-1602