Looking for a break: Identifying transitions in growth regimes
@article{Kar2013LookingFA, title={Looking for a break: Identifying transitions in growth regimes}, author={S. Kar and L. Pritchett and S. Raihan and K. Sen}, journal={Journal of Macroeconomics}, year={2013}, volume={38}, pages={151-166} }
Economic growth in developing countries is characterized by frequent shifts in growth regimes. Following Pritchett (2000), there is a large empirical literature that has tried to identify the timing of these shifts in economic growth. Two distinct approaches have been developed by this literature. The first is a ‘filter-based’ approach that identifies growth breaks on the basis of subjectively defined rules, while the second approach is based on statistical structural break tests. The first… CONTINUE READING
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