TY - UNPB
T1 - Dundee Discussion Papers in Economics 036
T2 - Political economy, growth and convergence in less developed countries
AU - Chatterji, Monojit
AU - Gilmore, Brian
AU - Strunk, Kurt
AU - Vanasin, Jon
PY - 1992/10
Y1 - 1992/10
N2 - This paper examines the roles of political and cultural factors in the growth of less-developed countries. We begin by formulating a growth model, similar to that of Baumol-Wolff (1988), based on the revised Summers–Heston (1988) data set. We build upon this base model, using a priori information, to obtain further models which are capable of explaining growth in terms of politics and culture. We find that liberal regimes and Asian countries appear to have potentially high growth rates of real GDP per capita.
AB - This paper examines the roles of political and cultural factors in the growth of less-developed countries. We begin by formulating a growth model, similar to that of Baumol-Wolff (1988), based on the revised Summers–Heston (1988) data set. We build upon this base model, using a priori information, to obtain further models which are capable of explaining growth in terms of politics and culture. We find that liberal regimes and Asian countries appear to have potentially high growth rates of real GDP per capita.
UR - https://dundee.primo.exlibrisgroup.com/permalink/44DUN_INST/s4l06a/alma990001130230302991
M3 - Discussion paper
T3 - Dundee Discussion Papers in Economics
BT - Dundee Discussion Papers in Economics 036
PB - University of Dundee
ER -