Open AccessEconomic Growth of Rich and Poor Countries: A Social Accounting Matrix Approach
Author(s) -
S. I. Cohen
Publication year - 1997
Publication title -
pakistan development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.154
H-Index - 26
ISSN - 0030-9729
DOI - 10.30541/v36i4iipp.765-790
Subject(s) - social accounting matrix , convergence (economics) , economics , national accounts , growth model , growth accounting , macroeconomics , econometrics , economic system , total factor productivity , computable general equilibrium , productivity
Many recent empirical studies on comparative growth focus onthe supply side determinants of growth. This paper highlights theinsights to be gained from employing a demand-determined growth model. Amodelling framework along the Social Accounting Matrix, empiricallyanalysed for a group of sixteen countries at different stages ofeconomic development, gives support to the convergencethesis.