Construct · 1 fields · 1 citations

low persistence of growth rates: a standalone construct

One name. One construct. A landmark on the map.

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low persistenceof growth rates1 CONSTRUCTLow persistence ofEASTERLY · DEVELOPMENT

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Development economics

finding that country growth rates correlate weakly across decades while country characteristics persist, pointing to shocks such as terms-of-trade changes.

In development economics, low persistence of growth rates refers to finding that country growth rates correlate weakly across decades while country characteristics persist, pointing to shocks such as terms-of-trade changes. This meaning comes from Easterly (1993) in Good Policy or Good Luck? Country Growth Performance and Temporary Shocks.[1]

Unit
Recovery means
Measured by

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Nearby constructs

development1 fields · 2 citationsanchor · a standalone constructgood2 fields · 5 citationsjingle · one word, two constructsgrowth4 fields · 4 citationsjingle · one word, four constructs

References

  1. Easterly, W., Kremer, M., Pritchett, L., & Summers, L. (1993). Good Policy or Good Luck? Country Growth Performance and Temporary Shocks. National Bureau of Economic Research. https://doi.org/10.3386/w4474

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