Nonlinear Growth in a Long-Run Perspective
- Authors: LAVEZZI AM; FIASCHI D
- Publication year: 2004
- Type: Articolo in rivista
- OA Link: http://hdl.handle.net/10447/18712
Abstract
This study analyses the pattern of long-run growth of a cross-section of countries, adopting the distribution dynamics approach. The relationship between growth rates and income levels appears first increasing and then decreasing, indicating the existence of different growth regimes.