Economic Growth of Rich and Poor Countries: A Social Accounting Matrix Approach

S.I. Cohen

Abstract


Many recent empirical studies on comparative growth focus on
the supply side determinants of growth. This paper highlights the
insights to be gained from employing a demand-determined growth model. A
modelling framework along the Social Accounting Matrix, empirically
analysed for a group of sixteen countries at different stages of
economic development, gives support to the convergence
thesis.

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DOI: https://doi.org/10.30541/v36i4IIpp.765-790

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