What is it about?
This article examines how long-run economic growth has changed over time and how the level of income affects the growth rate.
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Why is it important?
The empirical tests uses the most comprehensive database every assembled and uses a few new empirical techniques to analyze economic growth.
Perspectives
Every economists should be aware of the long-run trends in economic growth and how the level of development affects growth.
Dr Robert C Shelburne
Georgetown University
Read the Original
This page is a summary of: Long-Run Economic Growth: Stagnations, Explosions and the Middle Income Trap, Global Economy Journal, January 2016, De Gruyter,
DOI: 10.1515/gej-2016-0010.
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