Growth Dynamics : The Myth of Economic Recovery /
Using panel data for a large number of countries, we find that economic contractions are not followed by offsetting fast recoveries. Trend output lost is not regained, on average. Wars, crises, and other negative shocks lead to absolute divergence and lower long-run growth, whereas we find absolute...
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| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Loạt: | IMF Working Papers; Working Paper ;
No. 2005/147 |
| Truy cập trực tuyến: | Full text available on IMF |