Read Guyana: Why Has Growth Stopped? an Empirical Study on the Stagnation of Economic Growth

Guyana: Why Has Growth Stopped? an Empirical Study on the Stagnation of Economic Growth

Cornelia Staritz

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Description:After a period of exceptionally strong economic performance, Guyana's growth has stagnated since 1998. The paper tries to identify the factors that can explain this dramatic deterioration in economic performance. The paper first attempts to explain the decline of growth with a growth accounting exercise which shows that there was a significant swing in total factor productivity, and than uses a panel regression framework to analyze the growth impact of changes in various factors. Finally, through a series of cross-country exercises, the paper shows that the primary reasons for the divergence between the economic performance of Guyana and other Caribbean, HIPC, and PRGF-eligible countries in 1998-2004 are a substantial decline in share of net foreign and private domestic investment in GDP, a decline in the labor force, and a less favorable political and institutional environment.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Guyana: Why Has Growth Stopped? an Empirical Study on the Stagnation of Economic Growth. To get started finding Guyana: Why Has Growth Stopped? an Empirical Study on the Stagnation of Economic Growth, you are right to find our website which has a comprehensive collection of manuals listed.
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Pages: 28

Format: PDF, EPUB & Kindle Edition

Publisher: Not Avail

Release: 2007

ISBN: 6613827851

Description: After a period of exceptionally strong economic performance, Guyana's growth has stagnated since 1998. The paper tries to identify the factors that can explain this dramatic deterioration in economic performance. The paper first attempts to explain the decline of growth with a growth accounting exercise which shows that there was a significant swing in total factor productivity, and than uses a panel regression framework to analyze the growth impact of changes in various factors. Finally, through a series of cross-country exercises, the paper shows that the primary reasons for the divergence between the economic performance of Guyana and other Caribbean, HIPC, and PRGF-eligible countries in 1998-2004 are a substantial decline in share of net foreign and private domestic investment in GDP, a decline in the labor force, and a less favorable political and institutional environment.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Guyana: Why Has Growth Stopped? an Empirical Study on the Stagnation of Economic Growth. To get started finding Guyana: Why Has Growth Stopped? an Empirical Study on the Stagnation of Economic Growth, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Guyana: Why Has Growth Stopped? an Empirical Study on the Stagnation of Economic Growth

Guyana: Why Has Growth Stopped? an Empirical Study on the Stagnation of Economic Growth

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