What Makes Growth Sustained? /

We identify structural breaks in economic growth in 140 countries and use these to define "growth spells:" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin American countrie...

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Detalles Bibliográficos
Autor principal: Ostry, Jonathan
Otros Autores: Berg, Andrew, Zettelmeyer, Jeromin
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2008.
Colección:IMF Working Papers; Working Paper ; No. 2008/059
Acceso en línea:Full text available on IMF
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100 1 |a Ostry, Jonathan. 
245 1 0 |a What Makes Growth Sustained? /  |c Jonathan Ostry, Andrew Berg, Jeromin Zettelmeyer. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2008. 
300 |a 1 online resource (33 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a We identify structural breaks in economic growth in 140 countries and use these to define "growth spells:" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin American countries than elsewhere. We find that growth duration is positively related to: the degree of equality of the income distribution; democratic institutions; export orientation (with higher propensities to export manufactures, greater openness to FDI, and avoidance of exchange rate overvaluation favorable for duration); and macroeconomic stability (with even moderate instability curtailing growth duration). 
538 |a Mode of access: Internet 
700 1 |a Berg, Andrew. 
700 1 |a Zettelmeyer, Jeromin. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2008/059 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2008/059/001.2008.issue-059-en.xml  |z IMF e-Library